Wednesday, April 26, 2006

Why again does Groupe Gueymard get to make the profit?


In 2005 the Port of Montreal made $10.6 million in profits. The Port of Montreal is "an autonomous federal agency." So why again, are private developers being allowed to make the profits by leveraging the Museum of Contemporary Art?

Why don't the Feds just give Silo #5 to the Quebec government, and then the Quebec government guarantee a loan, or float a bond so that the Musée d'art contemporain can build what it wants on Silo #5 and get the endowment it so desperately needs? Or has the board of directors of the Museum of Contemporary Art already struck some sort of deal with M. Gueymard?

Links to this post:

Create a Link

    Your Ad Here

      << Home