The creation of a world-class gaming and entertainment centre in downtown Toronto could mean a private-capital investment of more than $2 billion. That’s an impressive number. It’s so big that it can be hard to grasp.
Here’s some perspective: That $2-billion investment in a downtown Toronto resort casino would be the largest, urban privately funded development ever undertaken in our country. It’s twice as much as it cost to build the 12.9-kilometre Confederation Bridge, which links New Brunswick to Prince Edward Island, and it’s almost as much as the government-funded Spadina Subway Extension in Toronto.
Here’s how a $2-billion downtown Toronto resort casino would measure up against other major infrastructure projects undertaken recently in Canada.*