- The travesty of Toronto's successful and profitable downtown airport
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Here's an example of the mysterious thought processes required to be an "activist" in Toronto.
The Toronto Port Authority announced that it had managed to make a profit for the first time in the 10 years of its existence. Not a huge profit -- $863,000 -- but a profit nonetheless, which is saying something in the middle of a recession in a city more accustomed to eternally begging for more subsidies from senior levels of government.
According to its press release, "The top profit contributor at the Toronto Port Authority was the Toronto City Centre Airport, which continues to see remarkable passenger growth as a result of the expansion of Porter Airlines. With the construction of a new terminal currently underway, and further improvements to Airport infrastructure, the stage is set for even further growth in fiscal 2009.
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