The Ontario Progressive Conservatives are saying today (Thursday, May 29, 2012) that the Wynne government secretly approved a $305-million bailout of a downtown Toronto real estate development after the Legislature was dissolved. The Premier denied the charge this afternoon. The PCs say the Liberals gave $71 million to build a second tower at the MaRS innovation research centre and provided a $234-million loan for the project. Documents ar3 alleged to show the registered charity and the real estate developer behind it couldn’t repay the money. The approval of the bailout occurred right before the election call, said former Tory MPP Frank Klees.
