Ontario selling GM shares, LCBO headquarters for infrastructure cash

Ontario selling GM shares, LCBO headquarters for infrastructure cash
By: Adrian Morrow, theglobeandmail.com, 04/11/2014

The Globe and Mail

Published Friday, Apr. 11 2014

Ontario will sell off its shares in General Motors and the headquarters of the province’s Liquor Control Board to raise cash to pay for new transit lines and other infrastructure projects.

The province will also appoint another panel to look at ways to get money out of Ontario Power Generation, Hydro One and LCBO assets, which include buildings and land....

....The government is looking to build more than $30-billion worth of infrastructure over the next three years, including a road in the Ring of Fire mineral deposit and a new highway between Kitchener and Guelph.....

Ontario selling GM shares, LCBO headquarters for infrastructure cash
By: Adrian Morrow, theglobeandmail.com, 04/11/2014