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Important to say the project is not at a stand still; there is definitely ongoing work as well documented by @AHK.

A fairer statement would be that work appears to be progressing more slowly than one would have anticipated, and that the issue w/the cladding supplier may well be a factor.

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While this is true, I am under the impression there is cladding on site. IF that is the case ( I expressed when I posted that I wasn't 100% confident on the source), I'm not sure why it isn't yet being applied.
Westbank has already had their share of financial difficulties and this project not moving doesn't help. In terms of scheduling, the windows and envelope have been on the critical path for several months now and nothing is being installed. Every day with no windows is one more day of extra unanticipated financing. Interest on construction, development fees, land costs is easily $1M per month. OUCH
 
Westbank just sold a recently built rental tower in Vancouver, presumably to raise money:
That should buy them some of the glass blocks they need for King Toronto! Or, surely there are a number of semi-abandoned 80's buildings around they could pilfer them from.
 
The four King Toronto Mountains, starting from the South, going East, North and West mountain. The South and North mountains have clearly been topped-off, while the East and West mountains are getting very close, but still going up.

South Mountain
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East Mountain

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North Mountain

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West Mountain

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