all this "we want the island for the people of Toronto" crap. The 747-400 I flew into Pearson right by Yonge and Eglinton probably burned more fuel in that approach than all of TZ's movements that day!
I couldn't be ars@d going to the Island for recreation on the ferry - shortest route in the world, whereas with a bridge it could be integrated with TTC etc. TZ loses $1m p.a. - Port Authority can't keep that up surely.
City made a settlement and broke it. Unfortunately Paul Martin doesn't want to p!ss off the Liberal golden goose (T.O.) and is leaning on the PA not to restart the lawsuit.
If you want to see why Toronto can't win the Olympics, look how much the Toronto bid wants you to pay for tickets to the minor world hockey champs if it gets them.