Quote:
Originally Posted by swimmer_spe
I agree that this will be a good thing, but, can you name me one project that the federal government has been a part of where the costs did not come in over budget?
Over time, say 10 years, this will prove to have been a good project, regardless of cost overruns.
|
Well I don't recall hearing of any of the road upgrades on the TCH in provincial or national park jurisdictions going over budget, they seem to be pretty routine contracts. The government says what it wants, puts out an RFP, a company says how much money they want to do it and then they sign a contract.
And what about the corridor fleet order? Everything seems fine there.
And besides, you're right that lots of projects go over budget, but they're still worth it. The benefits are often undercounted and based on too short a timescale. Look at the Pacific railway, that was a huge boondoggle, full of scandal, over budget, late, massively too generous to the private sector. But 150 years later does anyone think Canada would have been better off had they not spent the money on that infrastructure?