Northern Light
Superstar
So, I see this morning that the late Ralph Wilson's estate is giving the Buffalo area and the Detroit area, 100M US each for 'signature' parks.
https://buffalonews.com/2018/10/17/...100-million-dollar-grant-lasalle-park-trails/
While I happen to be in the camp of folks who suggest higher taxes are an important thing and philanthropy shouldn't be necessary, neither of these conditions exist today.
In the interim between now and utopia its nice to see a very well off family giving back a substantial portion of that wealth for the the public good.
What got my attention in all this was simply the scale and the thought that we rarely, if ever, see philanthropy on this scale in Canada, including from much more affluent families.
In reading the article, it appears the estate is dedicating to giving away over 2B US by 2035.
That's over 2.5B CAD.
It wouldn't take that many of Toronto's affluent families to bring many great things to our City, Province and Country.
https://buffalonews.com/2018/10/17/...100-million-dollar-grant-lasalle-park-trails/
While I happen to be in the camp of folks who suggest higher taxes are an important thing and philanthropy shouldn't be necessary, neither of these conditions exist today.
In the interim between now and utopia its nice to see a very well off family giving back a substantial portion of that wealth for the the public good.
What got my attention in all this was simply the scale and the thought that we rarely, if ever, see philanthropy on this scale in Canada, including from much more affluent families.
In reading the article, it appears the estate is dedicating to giving away over 2B US by 2035.
That's over 2.5B CAD.
It wouldn't take that many of Toronto's affluent families to bring many great things to our City, Province and Country.