Jun 16, 2026
The Billy Bishop Expansion looks more like a money heist on paper, and sounds like the beginning (continuation?) of Doug Ford's velvet gloved dictatorship. This is my quick comment themed analysis. Ford and his circus want to spend $5 billion dollars on the Billy Bishop Airport Expansion. "How do we finance it?" becomes most peoples' first question. It cannot be through revenue generated by the airport, because it only does about $16.9 million net (ex., from last year). Do we debt finance it through a loan? I think that's a silly idea, because it would be a $5 billion dollar loan that, on a 5-6% interest rate per year + principle... would work out to about a $250 million dollar repayment plan *per year*... for 25 years. Bear in mind, that airport doesn't make anything close to $250 million dollars per year; it net $16.9 million last year. So even if we poured all profits in per year... we would still be *short* $233.1 million dollars *per year* for 25 years. The Ford Circus, or whatever moron is drafting his crayon level analysis is trying to argue that the airport expansion will generate $8.5 billion dollar economic benefit. Where is the report that actually demonstrates that financial projection? Great question. The answer is... *drum roll*... it doesn't exist. Ford's team is trying to sell the Powers That Be on a future profit with zero economic proof. Some people might call it ambitious accounting, but I prefer to call it what it’s beginning to look like: a doorway to fraud, and or another instance of our village idiot and his 3 brain cells hard at work. This airport expansion looks like it enables what fraud might look like before we call it that… at an almost titanic level (ex., the companies receiving the tax payer dollars to inevitably fund it... belong to the Ford's circle of friends, network, etc). This is very similar to the Greenbelt scandal; and this doesn't even account for the vast environmental impact it will have, or the laundry list of potential health consequences residence will face due to air quality, sound distortions, water waste spill off, etc. If I were Mayor of Toronto, that is how and what I would say to Prime Minister Carney. We need to demand the business case before we bulldoze, and make the math make (even a little bit) of sense. #toronto #billybishop #dougford #onpoli #deville2026


