I'd rather see the Island Airport redeveloped into a new urban neighbourhood. With canals and —. And in my fantasy, we move the capital to Toronto and build a grand Parliament there overlooking the harbour. Minus that last bit though, I'd say that's more likely to happen than having a park there, considering the cost of expropriating the land - that, and we already have tons of parkland along the lakeshore and on the island. We don't really need to spend hundreds of millions or even billions more for another.
Or we could just do like councilor Giorgio Mammoliti suggests and turn it all into a giant
Whore Island.