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Disney announces massive $6.5-billion Disneyland Resort for Toronto Islands

• arclein

Early artistic conceptual rendering of Toronto Disneyland. (Walt Disney Company) "Here in Toronto at this spectacular location, we are dreaming of something truly magical that not only showcases the best of Disney's storytelling but also creates a one-of-a-kind destination that will delight and entertain people for generations to come," said Bob Iger, chairman and CEO of the Walt Disney Corporation. "Everything we have learned from our six decades of exceeding expectations, along with our relentless innovation and famous creativity, will create a new destination that signals a new era for Disney theme parks."

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