Transformation of the former Downsview Airport lands into a major mixed-use community with parks and public amenities.
Canada Lands Company leading development. Parks and community infrastructure budget separate from private development costs.
Original Approved(2022)
$520.0M
Current Approved(2024)
$580.0M
Budget Variance?The change between a project's originally approved budget and its current approved budget. Positive numbers mean the budget grew (over original); negative means it shrank. Only projects with multi-year history can show a variance.· 2 cycles
$60.0M(+11.5% over original)
Original (2022)
$520.0M
Current (2024)
$580.0M
Jan 1, 2022
Original budget approved
$520.0M
Jan 1, 2024
Budget revised
+$60.0M (+11.5%)
Apr 2, 2026
Project tracked
Added to CivicLedger
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Project record last updated: 4/2/2026