The city of Toronto announced yesterday that it has signed a purchase agreement with Green Lane Landfill for $220 million. According to a press release from the Mayor’s office, the city will assume control of the landfill in late March 2007. The facility will serve as the city’s repository for short and long term waste disposal. With an aggressive diversion plan, the purchase provides Toronto with a disposal capacity of 13 million tons for a minimum of 15 years.
The Green Lane Landfill has been in operation since 1978 and has received provincial approval for expansion and has passed the required environmental assessment.