In 2001, the TPA filed a $1 billion CAD lawsuit over of land that was transferred in the 1990s to the City of Toronto's Toronto Economic Development Corporation (TEDCO) by the Toronto Harbour Commission. The disputed lands, mostly the infill lands of the Don River delta, constituted around 85% of the THC's land assets as of the early 1990s. The lands had been transferred in two separate agreements, in 1991 and 1994 in exchange for a permanent subsidy for the THC. The TPA's legal claim was that the transfer had been done while the majority of directors of the THC were City-appointed, and who had acted in the City's interest and not in the Commission's 'fiduciary interest'. And that the deals crippled the THC's ability to be self-sufficient by ending any potential revenues from those lands. As the TPA was inheriting the role and activities of the THC, it was thus crippled itself.