Friday, August 10, 2007

Ottawa's sell-off smart move

Federal Public Works Minister Michael Fortier is apparently close to moving ahead on the planned sale of nine federal government buildings in prime locations in Vancouver, Edmonton, Calgary, Toronto, Ottawa and Montreal. The total estimated value: $1.4 billion. With real estate markets red hot in most cities, there is every indication these buildings, including Canada Place in Edmonton and the Harry Hays building in Calgary, will fetch top dollar.

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