Mr. Speaker, I appreciate the comments from the hon. minister. It is encouraging that he has said, at least in this circumstance, that he will stand by a legally binding tripartite agreement, unlike the arrangements undermining the agreement with Aveos.
I am appreciative that the minister has mentioned the waterfront because we are talking about two tripartite agreements: a tripartite agreement with the Billy Bishop airport and a tripartite agreement on the waterfront.
A number of noted architects, a former mayor of Toronto, and chief planners have reiterated the importance of the Toronto waterfront for parks and trails, linked neighbourhoods, and places to live and work. There has been a lot of comment about the economic advantages of preserving and developing the waterfront. As I understand it, by and large, it is not so much the residents of Toronto Island, who historically have opposed some development. It is the people living on and recreating on the waterfront who have been opposing the expansion.
Could the minister speak to whether he thinks it is important to perhaps revisit the mandate for the port authority that was established, and we have a potential conflict of interest here, that gains most of the revenue from the airport?