http://www.theglobeandmail.com/servlet/story/RTGAM.20081020.shoalts21/BNStory/National/home
A little competition in the Toronto market should improve the Maple Leaf product, however by the time a new franchise finally sets up shop, the Leafs' rebuilding should be complete and they should be a championship team. Therefore any new franchise in Toronto would be a poor cousin of the Leafs, like the Islanders/Devils/ Jets in New York, or worst... like the Clippers in LA