Red Mars
Senior Member
Thu Jul 16, 2020
I believe ProjectEnd was pointing out that the Glass Insulated Units that meet and continue briefly above the roof were damaged. The damage does seem minimal compared to what I would imagine for a crane collapse.International Guitar Underpinnings? Interdependent Gelform Umbrellas? Inflamed Goat Udders? Illegitimate Gas Utilities? Island Guest Units? Integrated Garbage Uplinks? Ill-Gotten Users? Instant Gyoza Unctions? Inferred Gastric Ubiquities? Insulated Guppy Undergarments? Iridescent Green Ushers? (No, nothing so obvious.)
Strangely, acronyms just are not helpful on a public forum where members may not actually spend their days on construction sites.
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I watched the CP24 video. About 6-8 glass panels on the neighbouring building seem to have cracked.
Why would you want the teachers pension fund to suffer high bills?I'm glad no one was injured in this.
It looks like someone is in for some real expensive crane rental bills....hopefully that someone somehow ends up being Cadillac Fairview.
You're playing semantics here. Yes the OTPP fully owns Cadillac Fairview, but it's a subsidiary company. Thus, CF is responsible for their own daily operations and costs. At the end of the day it could be that only the CF division suffers a small hit, not OTPP as a whole.Why would you want the teachers pension fund to suffer high bills?
I'm glad no one was injured in this.
It looks like someone is in for some real expensive crane rental bills....hopefully that someone somehow ends up being Cadillac Fairview.
If a division or a subsidiary makes a loss or a profit, it will be reflected in the accounts of the 'owners'. I doubt the cost of extra crane rental and repairs will make any real difference to OTPP but ......You're playing semantics here. Yes the OTPP fully owns Cadillac Fairview, but it's a subsidiary company. Thus, CF is responsible for their own daily operations and costs. At the end of the day it could be that only the CF division suffers a small hit, not OTPP as a whole.
Ultimately at the end of the day, this is all true.If a division or a subsidiary makes a loss or a profit, it will be reflected in the accounts of the 'owners'. I doubt the cost of extra crane rental and repairs will make any real difference to OTPP but ......
Compared to whom? Do you have any idea how construction works?I'm glad no one was injured in this.
It looks like someone is in for some real expensive crane rental bills....hopefully that someone somehow ends up being Cadillac Fairview.