Ontario Premier Doug Ford Orders Review of Therme’s Toronto Waterfront Lease

Ontario Premier Doug Ford Orders Review of Therme’s Toronto Waterfront Lease  at george magazine

Doug Ford said he had asked his government to look into the contract that granted a 95-year lease to a European wellness company after a New York Times investigation into the deal.

The premier of Ontario on Wednesday said that he had asked his government to look into a deal that the province signed with a European wellness company to develop and operate a spa and water park off Toronto’s coveted waterfront.

Premier Doug Ford’s request that the lease be re-examined came after a New York Times investigation found that the company, Therme, had overstated its experience during the bidding process.

After the yearslong process, the province signed a nearly century-long lease last year with the Austrian-based company to develop an artificial island just off the coast of downtown Toronto in Lake Ontario.

“When I heard this, this allegation, I went directly to the minister and to the deputy and said, ‘Here, look into this’,” Mr. Ford told the news media in Toronto on Wednesday.

“I just want to double- and triple-check the contract,” Mr. Ford said. “We’ll look into it, make sure everything passes a smell test.”

In written comments to The Times, a spokesman for Therme said that these issues had already been investigated and that the company had met the requirements of the process and passed the necessary tests.

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