There's probably a lot more merit to your comment than most people realize. Absent from most of the media reports I've read today is that Sidewalk Labs was fac

There's probably a lot more merit to your comment than most people realize. Absent from most of the media reports I've read today is that Sidewalk Labs was facing yet another approval decision on the project from Waterfront Toronto in less than two weeks (May 20, extended from an earlier March 31 deadline). My guess is that they heard through the grapevine that the decision was going to be highly conditional, and that the project was going to be saddled with yet another set of hoops to jump through, so Sidewalk Labs just decided to bail. It's basically exactly the same pattern we saw in late February with the Teck Resources decision. The company bailed literally days before the deadline for approval.