Millennium Line - Broadway Extension: Planning & Pre-Construction - Page 285

officedweller · #**5681** Posted **Feb 12, 2014, 6:36 AM**

... local ones, anyways. Ottawa's Confederation Line got $600M - probably previously committed.
Federal funding of Evergreen is old news anyways.

makr3trkr · #**5682** Posted **Feb 12, 2014, 6:26 PM**

Quote:

Originally Posted by officedweller

... local ones, anyways. Ottawa's Confederation Line got $600M - probably previously committed.
Federal funding of Evergreen is old news anyways.

http://www.trucknews.com/news/breaking-n...edicated-gas-tax-fund/1002910435/?&er=NA

"$14 billion over 10 years for a new Building Canada Fund to support major economic projects that have a national, regional and local significance. The Government continues to consult with the Federation of Canadian Municipalities and other stakeholders to finalize the parameters of the new Building Canada Fund and is committed to launching the new Fund by March 31, 2014."

Waders · #**5683** Posted **Feb 13, 2014, 4:53 AM**

According to Infrastructure Canada, the New Building Canada Plan has a total funding of $53 billion, including over $47 billion in new funding, over the next 10 years.
I really hope both the Broadway line and the Surrey line will get a piece of the pie.

Quote:

The New Building Canada Plan includes:

•The Gas Tax Fund ($21.8 billion)
◦which will now be indexed; and
◦which will now give municipalities greater flexibility to spend federal funding on a broader range of infrastructure priorities.

•An incremental Goods and Services Tax Rebate for Municipalities ($10.4 billion).

•A new Building Canada Fund with two components:
◦A $4-billion, merit-based, National Infrastructure Component to support investments in projects of national significance, particularly those that support job creation, economic growth and productivity.
◦A $10-billion Provincial-Territorial Infrastructure Component that will support projects of national, regional and local significance across the country in a broader range of categories. This component will include base funding for each province and territory.

•An additional $1.25 billion in funding for P3 Canada, which will continue to be administered by PPP Canada Inc

gkz · #**5684** Posted **Feb 16, 2014, 8:58 AM**

YVR Contributed 300 Million toward the Canada Line, got 3 stations, and has free travel between those stations.

Does UBC have that kind of money available to contribute?

jlousa · #**5685** Posted **Feb 16, 2014, 9:55 AM**

UBC certainly has the ability to finance a $300M contribution if they chose to. They have a sizable endowment fund but it wasn't meant for that usage and might not even be legally allowed for such usage. But they have enough revenue sources to finance a large contribution if the trust decides it would be in best interest long term. There's good arguments for and against making them contribute, I'm on the side of making them pay for the line to continue all the way but I agree the other side has valid points.

Alex Mackinnon · #**5686** Posted **Feb 16, 2014, 10:00 AM**

UBC is pretty worried about it's overall cash situation at the moment. Most new buildings are getting funded directly by student donations or by large donors.

They've managed to bring their endowment up by selling off real estate. That cash flow is now basically exhausted, now they're looking to bring in more international students to fix their budget woes.

They've got a lot of back maintenance on buildings that still needs addressing.

rsxstock · #**5687** Posted **Feb 16, 2014, 3:28 PM**

please don't let them name a station after a doner

jsbertram · #**5688** Posted **Feb 16, 2014, 6:43 PM**

TTC chief Byford is saying he wants a chunk of the new cash from Ottawa to get Toronto's new Downtown Relief Line (DRL) subway built soon.

http://www.cbc.ca/news/canada/toronto/tt...money-for-downtown-relief-line-1.2538007

That's in addition to the new Scarborough Subway extension that is being pushed by Ford.

With all these new subway dreams across the country, that $50+ Biillion will disappear quickly.

Jebby · #**5689** Posted **Feb 16, 2014, 7:52 PM**

Quote:

Originally Posted by rsxstock

please don't let them name a station after a doner

Kebab Station?

jsbertram · #**5690** Posted **Feb 16, 2014, 11:12 PM**

Quote:

Originally Posted by Jebby

Kebab Station?

or a DONAR?

http://www.abs-hovercraft.com/donar-hovercraft/

no more commuting nightmares on the highway!

casper · #**5691** Posted **Feb 17, 2014, 2:32 AM**

Quote:

Originally Posted by jlousa

UBC certainly has the ability to finance a $300M contribution if they chose to. They have a sizable endowment fund but it wasn't meant for that usage and might not even be legally allowed for such usage. But they have enough revenue sources to finance a large contribution if the trust decides it would be in best interest long term. There's good arguments for and against making them contribute, I'm on the side of making them pay for the line to continue all the way but I agree the other side has valid points.

Honestly asking either UBC or the health region to pay part of the cost is a silly exercise in optics. Both organizations go to the Provincial Government to ask for capital funding.

rsxstock · #**5692** Posted **Feb 17, 2014, 5:23 AM**

Quote:

Originally Posted by casper

Honestly asking either UBC or the health region to pay part of the cost is a silly exercise in optics. Both organizations go to the Provincial Government to ask for capital funding.

it should be easier for them to collectively ask for smaller amounts than for translink to ask for a lump sum. ubc can also allocate their existing funds meant for more buildings into this project as the line has a direct effect in the future growth potential of the campus. it only makes sense for them to pay for portion of it and as an incentive, allow them to choose how to integrate the stations to fit the campus

GMasterAres · #**5693** Posted **Feb 17, 2014, 6:46 AM**

Quote:

Originally Posted by Waders

According to Infrastructure Canada, the New Building Canada Plan has a total funding of $53 billion, including over $47 billion in new funding, over the next 10 years.
I really hope both the Broadway line and the Surrey line will get a piece of the pie.

We shall see. That really isn't a lot of money in the grand scheme of things. $5.3 billion for the entire nation per year? And much of that in year 1 (2014) is already earmarked to Montreal for new bridges so Vancouver/Surrey misses out at least until 2015.

dleung · #**5694** Posted **Feb 17, 2014, 7:28 AM**

I'm not as familiar with Montreal, but between Toronto and Vancouver, the priority for subway projects should have been as follows:

1. Millennium Line Extension
pros: high instant ridership, can be phased
cons: only moderate increase in future ridership

2. Downtown Relief Line
pros: very high future ridership
cons: moderate instant ridership; great capital cost, yet can't be phased without greatly diminishing benefits

3. Eglinton Crosstown Line
pros: high instant and future ridership

4. Evergreen Line
pros: low capital cost

5. Spadina Line Extension
cons: high capital cost for very low future ridership; numerous other unmentioned projects should have been a higher priority

Funny how reality is working out in reverse so far

dreambrother808 · #**5695** Posted **Feb 17, 2014, 3:52 PM**

Quote:

Originally Posted by dleung

Funny how reality is working out in reverse so far

All thanks to regional politics! Yay!

jsbertram · #**5696** Posted **Feb 17, 2014, 11:54 PM**

Quote:

Originally Posted by dreambrother808

All thanks to regional politics! Yay!

... and how Harper is 'best buddies' with Ford.
Until the Crack Video rumours became true.

Seems like Robertson needs to become Harper's newest 'best buddie' to get the bucks flowing.

Or with Trudeau, since the polls suggest he'll be the next PM.

Hot Rod · #**5697** Posted **Feb 19, 2014, 12:41 AM**

why not allocate it by population? That's give BC nearly $8M, which surely would be enough of a contribution for the UBC MLine extension, Expo Capacity increase and extension, streetcars, and perhaps the SFU Gondola.

aberdeen5698 · #**5698** Posted **Feb 19, 2014, 4:52 AM**

Quote:

Originally Posted by Hot Rod

why not allocate it by population? That's give BC nearly $8M, which surely would be enough of a contribution for the UBC MLine extension, Expo Capacity increase and extension, streetcars, and perhaps the SFU Gondola.

It doesn't work that way. The provincial Liberals are more interested in getting their hands on those funds for the Massey tunnel and Patullo replacements. Once those are funded, it won't leave all that much left over for transit.

logan5 · #**5699** Posted **Feb 19, 2014, 6:14 AM**

Quote:

Originally Posted by aberdeen5698

It doesn't work that way. The provincial Liberals are more interested in getting their hands on those funds for the Massey tunnel and Patullo replacements. Once those are funded, it won't leave all that much left over for transit.

Curious as to why you think the provincial government would prefer bridges over skytrain expansion.

andasen · #**5700** Posted **Feb 19, 2014, 6:43 AM**

Quote:

Originally Posted by logan5

Curious as to why you think the provincial government would prefer bridges over skytrain expansion.

Cause when given the choice between replacing a well utilized and critical piece of infrastructure which is at the end of its life cycle and expanding a second infrastructure system, good governance and common sense dictates that you spend money keeping your existing infrastructure first. Note, justifying funds in excess of that which is required to maintain capacity is where you can start see the funding favouring transit more.

I'll settle for Millennium Line extension to Canada Line, B-Line Expansion and Expo Capacity improvements with Patullo and Massey.. Vancouver Street Car can be paid for primarily by the city and the Burnaby Mountain Gondola can be easily debt funded with a modest amount from the province to score political points when they need to.