Can someone explain to me how Porter can sell a terminal on land - TopicsExpress

Can someone explain to me how Porter can sell a terminal on land they dont own? Does the Toronto Port Authority not benefit at all from this $750M windfall? Or can someone explain how the value created here was undoubtedly impacted by the construction of a tunnel to the airport, which is paid for (not by Porter) but by a $20 passenger fee? Or how much of the value creation was because of Porters stranglehold on airport takeoff and landing slots? Whatever you think about Billy Bishop in general... this seems off.

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