Greenbelt gold rush: Developers are scooping up land after Doug Ford backtracked on his promise to protect it

Ontario developers have spent nearly $173 million scooping up hundreds of acres in the former Greenbelt this summer, months after the Ford government reneged on its promise to protect the environmentally sensitive land.

All 524 acres, purchased in the span of five days in early June, lie within the ecologically important Duffins Rouge Agricultural Preserve in Pickering, east of Toronto. The preserve, once known as the “crown jewel” of the Greenbelt, consists of prime farmland and sensitive waterways adjacent to Rouge National Urban Park.

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Source: Real Estate Daily Report (realestatedailyreport.net)

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