OLG PRESIDENT & CEO RESPONDS TO TORONTO CITY MANAGER’S REPORT

We welcome the views contained in the Toronto City Manager’s Report. The final proposal must be approved by the City, the proponent, OLG and the Province of Ontario.  OLG is currently reviewing the Municipality Contribution Agreement to ensure the principles of fairness and equal treatment govern this formula, which will be the same for all host communities across the Province. We are working with the Ministry of Finance and will report to the Minister this month. Rod Phillips President & CEO