Sorry to bring up BMO/First Canadian Place, but I was speaking to someone associated with Cadillac Fairview about BMO having to be re-clad, and he mentioned that since Brookfield bought the property, they have be been doing feasibility/cost studies on how much it would cost to re-clad the entire building in a better/higher, denser grade of marble. According to the CF gentleman, this project will be in the $100 million+ category, so I am sure BMO will not want to have anything to do with it, and that Brookfield will take its sweet time figuring a strategy out. Nonetheless, the process has been started and it could happen sometime..
p5