

What a bizarre story. Toronto voters elect a city government in favor of bike lanes, then for some reason the premier of Ontario decides he knows what Toronto needs better than Toronto voters do, and now a judge decides that removing bike lanes is somehow unconstitutional because apparently the constitution is detailed enough to specify things like that. (Does this mean that it’s unconstitutional to have any roads without bike lanes, or is it just unconstitutional to remove existing bike lanes?) I drive, bike lanes piss me off, but they’re a local matter that should be decided by the local government.
The article doesn’t say so but it might be part of bankruptcy proceedings or something similar. The company is sold off to pay debts but there isn’t enough money to pay everyone, debts are paid off in a legally determined order, and stock or option holders aren’t near the front of the line. I know folks who worked for First Republic and lost all their stock and options (and accrued vacation time, which is also apparently a debt) like that.