Lansdowne reckoning called misleading

The Lansdowne Park redevelopment plan could cost the city government more than $200 million over the life of the project, says a new affidavit from a Toronto accounting firm, filed by the group trying to stop the project in court. The report, from Rosen & Associates, uses “recast assumptions” to reach very different conclusions from the city and the Ottawa Sports and Entertainment Group of developers and sports businessmen.

The changed assumptions range from including the city’s share of a planned new trade−show centre near the airport to replace space lost in the Civic Centre and Aberdeen Pavilion, to disregarding the property taxes the city anticipates drawing from the commercial development planned for the northwestern

part of the property.

Disclaimer: has No Affiliation with the City of Ottawa or the OSEG. We are a local blog providing news & sports updates on Lansdowne Park.