Waterfront Toronto received a $350,000 GreenMunicipal Fund grant from the Federation of Canadian Municipalities (FCM), in support of its Pilot Soil Recycling Facility. Remediation efforts currently underway across the waterfront are expected to generate significant volumes of impacted soil and rather than simply ‘digging and dumping’, Waterfront Toronto is working to recycle contaminated soil. The goal is to clean and treat soil to an appropriate quality so that it can be used for redevelopment activity.
Waterfront Toronto established a pilot soil recycling facility in the Port Lands in 2010 to assess the economic and technological viability of recycling contaminated soil. The pilot confirmed the effectiveness and economic feasibility of soil recycling and allowed Waterfront Toronto to seek a private sector operator to finance and operate a long-term soil recycling facility.
The Government of Canada endowed FCM with $550 million to establish the Green Municipal Fund. The Fund supports partnerships and leveraging of both public and private-sector funding to reach higher standards of air, water and soil quality, and climate protection.
Maziar Moini, Broker of Record - Home Leader Realty Inc.
300 Richmond St. W., #300, Toronto, ON M5V-1X2
