The CEO of Sidewalk Labs is defending a proposal by the company that would see it compensated in return for work on creating a high-tech community on Toronto's waterfront.

Dan Doctoroff says Sidewalk Labs is proposing to capture some "incremental revenues" that would be generated from its proposed investment in infrastructure. According to media reports, those revenues include a share of property taxes and development fees that usually go to the city. It would also reportedly like a share of an increase in land values.