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April 20, 2007
East Bayfront precinct’s first employer to bring 1,300 jobs to Toronto’s waterfront
  
Mayor David Miller and John Cassaday, President and CEO of Corus Entertainment Inc., announced today that Corus has agreed to be the first employer in the new East Bayfront precinct in the development currently known as Project Symphony.

Through a proposed lease with Toronto Economic Development Corporation (TEDCO), upon City Council approval, Corus would occupy a new building south of Queen’s Quay and east of the Jarvis slip in late 2009.

“Corus Entertainment is delighted to be a part of this exciting waterfront revitalization project,” said John Cassaday. “We are confident that our great brands and the collective strength of our 1,300 Toronto-based employees will have a positive impact on the goal of making our city’s waterfront a thriving business and cultural destination for Torontonians and visitors alike.”

“Toronto welcomes Corus Entertainment to our waterfront,” said Mayor Miller, “We envision other knowledge-industry leaders joining them on the shores of Lake Ontario.” Miller emphasized East Bayfront’s new infrastructure standards including ultra-broadband networks, LEED GOLD design, parks and transit-oriented development.

The building will be surrounded by lively and accessible public space designed by West 8 and du Toit Allsopp Hillier, the winner of an international design competition held by TWRC in 2006.

Corus Entertainment Inc., a Canadian-based media and entertainment company, is a market leader in specialty television and radio with additional assets in pay television, advertising and digital audio services, television broadcasting, children’s book publishing and children’s animation. The company’s multimedia entertainment brands include YTV, Treehouse, W Network, Movie Central, Nelvana, Kids Can Press and radio stations including CKNW, CKOI, 102.1 the Edge and Q107. Corus creates engaging branded entertainment experiences for its audiences across multiple platforms. A publicly traded company, Corus is listed on the Toronto (CJR.B) and New York (CJR) exchanges. For more information, visit Corus at www.corusent.com.

Toronto is Canada’s largest city and sixth largest government, and home to a diverse population of about 2.6 million people. It is the economic engine of Canada and one of the greenest and most creative cities in North America. In the past three years Toronto has won more than 50 awards for quality and innovation in delivering public services. Toronto’s government is dedicated to prosperity, opportunity and liveability for all its residents.

Media contacts:
Tracy Ewing, Corus Entertainment, 416-642-3792
Stuart Green, Office of Mayor Miller, 416-338-7119


 

 

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