Lansdowne 2.0 financial report drops today. Has Ottawa learned its lesson?

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Lansdowne 2.0 financial report drops today. Has Ottawa learned its lesson?
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An artist's rendering of the proposed Landowne 2.0 redevelopment.

When taxpayers get the chance to scrutinize the latest plans to improve Lansdowne Park on Friday, many will be looking for evidence that the city and the Ottawa Sports and Entertainment Group aren't repeating past mistakes.An artist's rendering of the proposed Landowne 2.0 redevelopment illustrates the addition of three new high-rise towers and an arena with a green roof. Councillors will vote on an updated version of the project next month.

Sutcliffe both acknowledged public concerns and promised they will be addressed on Friday, when an update on the public-private partnership and its financials is released. Ottawa Sports and Entertainment Group proposed building a new arena and concert venue at Lansdowne's TD Place as part of the Lansdowne 2.0 project. The concept was approved by the last city council in 2022, and updated costs will be released on Friday. released in April revealed that the current version of the Lansdowne redevelopment is expected to generate $326 million over the 40-year agreement, a nearly $220 million drop from previous projections.

People walk among a display of holiday lights at Lansdowne Park in Ottawa, on Christmas Day, Saturday, Dec. 25, 2021. Oversight will absolutely need to be improved in the project's next phase, given that previous municipal audits pointed to issues keeping track of a complex web of contracts and ensuring parties complied with them.

"There was insufficient transparency, which led to insufficient scrutiny in my judgment and that led to the subsequent problems."The need to fix the north-side stands and make the project profitable is a smokescreen, he said, which distracts from the central question the city should be asking: Is this the best use of public funds, given pressing issues with

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