Maybe (although I don't mind it), but the several billion dollars plus the time required to demolish and rebuild the stadium (and the temporary relocation of the Jays somewhere) was likely never going to happen. I don't think Rogers, a widely disliked company, would get any public funding after buying SkyDome for (iirc) $25MM from the province the previous owner (the province paid off all $400 MM debt at one point, per the Wikipedia article).
I believe Rogers looked at their property and decided spending many millions on improving it was money better spent.