Posted Feb 21, 2009, 12:03 AM
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Registered User
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Join Date: Jul 2001
Location: Vancouver
Posts: 41,782
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From the Tri-City News:
Quote:
The Tri-City News
Evergreen work to start: premier
By Gary McKenna - The Tri-City News
Published: February 19, 2009 6:00 PM
Updated: February 20, 2009 2:50 PM
Construction on the Evergreen Line will begin next year and will be a private-public partnership, according to Premier Gordon Campbell, who addressed local business people at a luncheon Thursday.
Campbell was in the region on a pre-election swing, discussing the recent budget announcement and the difficult economic times the province is currently facing. But despite the financial turmoil mega-projects like the Evergreen Line are at the “top of the list,” he told those attending the Tri-Cities Chamber of Commerce event.
“It will be a positive and creative addition to our transit system,” he told the crowd.
He said the project will be funded in part by the federal government, the province, TransLink and the private sector.
Campbell expects the Evergreen Line to create more than 8,400 jobs during the construction process, many of which will be filled by people living in the Tri-Cities.
The initiative is part of a $14-billion plan to upgrade and expand the Lower Mainland’s transit system, and includes other projects such as the South Fraser perimeter road and the expansion of the Port Mann bridge.
Before his speech at the Executive Plaza in Coquitlam, Campbell also addressed the recent spate of gang violence in the region in a press scrum outside the hotel’s conference room.
While he acknowledged that the amount of money going into the court system had decreased in his current budget, he pointed to increases in the number of prosecutors — up from 16 to 26 — now dedicated to the issue.
“Courts are going to have to find new ways of doing things,” he said, adding new technologies like teleconferencing are examples of ways courts can cut costs.
While Campbell’s address to the chamber focused on tax cuts and government accomplishments, he also acknowledged that 2009 would be “a tough year.”
The premier even pinpointed the day everything changed for the North American economy.
On Friday, Sept. 12, Colin Hansen announced the province had a significant budget surplus. By Monday, Sept. 15, American financial services giant Lehman Brothers had collapsed and the province was forced to re-calibrate its projections.
“That announcement signalled the world had changed not for a while, not temporarily, but forever,” he said. “The world is not going back to where it was. Asian economies are going to grow faster than ours. The U.S. is never going to have the level of pre-eminence that it did before.”
This year the province now faces a close to $500 million deficit and deficit spending is expected to continue next year.
While the province is currently going into debt, Campbell said his government is establishing a plan to get the province back in the black for 2011.
He added the cost of health care consisted of 90% of the province’s operating budget and that balancing the books would have involved dramatic cuts to services.
“We could have balanced the budget,” he said. “But if we balanced the budget it would have done significant damage to health care, significant damage to services and we weren’t prepared to do that.”
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