Quote:
Originally Posted by Full Mountain
Short answer is no, the plans for the Nose Creek alignment have been to this level for decades, until there is a tunnel boring machine in the ground nothing is for sure. Council could always completely overrule the studies and put it on edmonton tr or nose creek again.
Don't get me wrong I'm ecstatic that Centre was chosen; I'm just pessimistic that it will get funded before a change in government (city or provincial).
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No money until post 2017 doesn't mean no shovels. Hopefully simultaneous to the SE LRT. If the city holds off on committing to other new investments (beyond the current wave of rec centres, libraries, etc) I think it is very realistic.
Extend the $52 million fund tax to 30 years after opening day, feds step in with gas tax and building canada at around 10-15% (~500-700 million), and the rest provincial gas tax and msi. Would have to be a long term commitment, which the city and province may chafe a bit under.
It may make sense to wait to tender until after a bit of a market dip, but timing that is impossible (beyond the post 2020 oil sands new capital investment drop off), and the dip might not be as high as the years' you spent waiting construction inflation.