Larco Investments is building 350 condo units in Vancouver in the year 2014. Canadians have no idea what Larco's long-terms plans are for the Chateau Laurier hotel.
The Canadian Pacific Railway, a multinational corporation,profited from the sale of Canadian National railway hotels to Fairmont. The people of Canada, who collectively owned the CNR hotels, did not benefit in any way from the denationalization of the following landmarks:
Chateau Laurier in Ottawa
Jasper Park Lodge in Alberta
Macdonald Hotel in Edmonton
Hotel Vancouver in British Columbia
Fort Garry in Winnipeg
Nova Scotian in Halifax, Nova Scotia
Queen Elizabeth Hotel in Montreal-John Lennon and Yoko Ono composed and recorded the song "Give Peace a Chance" in the Queen Elizabeth Hotel.
Bessborough Saskatoon in Saskatchewan
Hotel Beausejour in Moncton, New Brunswick
For over 100 years the CPR has been the beneficiary of federal government subsidies and land grants, according to the book "The CPR: A Century of Corporate Welfare."
I am calling for a judicial/public inquiry, to investigate the sale of the CNR and CP Rail hotels;thousands of Dominion Buildings;the privatization of Crown corporations and millions of acres of Canadian Pacific Railway land and the divestiture of one thousand lighthouses (including Peggy's Cove) ...enough is enough. This is my grandchild's inheritance that we're talking about. I do not want to see "Private Property" and "No Trespassing" signs in Canada's National Parks, and at the entrance to federal museums, lighthouses, Coast Guard stations and Experimental Farms. I do not want to see ugly condos on the grounds of the Sir John Carling Building, Tunney's Pasture and the Natural Resources Canada complex on Booth Street in Ottawa. Back off, developers... this land is our land.
The RCMP headquarters in Ottawa, and Conrad Black's Hollinger building in Toronto are currently for sale, according to classified ads in the Globe and Mail newspaper.
The Hollinger building was a Canada Post Dominion building and then E.P. Taylor property.
Over $500 million federal and provincial tax dollars were spent, to build the SkyDome in Toronto; Rogers Communications bought the SkyDome for a fraction of that price, and Larco purchased the Fairmont SkyDome Hotel, which is attached to the stadium.