Can somebody more knowledgeable about Peterborough shed some light on the 2016 Princess Auto stuff?

From what I've been told by family members and friends. Is that in 2016 we were supposed to get a Princess Auto across from Costco everything was ready to go and all the sudden the city said no. I was also told that this was caused by the owners of auto parts stores in Peterborough being in good with the current mayor at the time, and basically strong-armed Princess Auto out.