I am completely baffled by this application. For several reasons.
First, the application. Either they've found a buyer, or they intend to continue to run the same current programming, or they intend to operate the news format OTA.
Secondly, I don't understand the separate transmitter in Hamilton. It frequently suffers with co-channel interference from American stations--often impacting viewers right in Hamilton. Certainly increasing the Toronto transmitter's ERP and changing it's contours would enable Hamilton and area viewers to receive it, thus reducing their costs.
Even with the Hamilton station being much closer to myself, I always tune the Toronto transmitter.
It'll be interesting to see what's planned here...