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The Universal Horror Unleashed attraction is targeting a 2027 opening date.
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The tilt coaster has 2,966 feet of track and a top speed of 58 mph.
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Six Flags has an option to renew the lease, but has not yet chosen to.
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The Ontario park is selling its inventory of attractions.
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The park hasn't made a formal announcement about the ride.
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The taxes affect the price of goods and may affect consumer behavior.
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New slides will be paired with an "endless river."
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Concept art for Cars themed area released along with a closing date for Rivers of America and Tom Sawyer Island.
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The unique ride has been under construction since the off-season.
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The ride will permanently close, though no replacement has been announced.