[trueviking]

I would like to add some clarity about the Grant that was misrepresented in the free press. It is the TIF that every residential project downtown has received in the last decade. There is nothing outside the norm about it. The Artis project will also get it. True North Square got exponentially more than that.

The issue with missing the deadline is not uncommon. The two year timeframe imposed by the province isn't realistic for big projects and is even difficult for smaller projects in slow growing Winnipeg. Many developers are facing this isssue.

When they say they need the TIF to be successful, this is no different than any other downtown project. They all need the TIF. Every single one.

The request to get the TIF in one lump sum instead of paid out over time is completely acceptable. That was an option to any developer getting the DRDG grant.

I'm not sure what will happen but the facts need to straightened about the Grant thing.