The Big 'Owe' to cost taxpayers $213 million
James Foster CJAD800 News 4/15/2016
Forget the roof, fixing up the rest of the Olympic Stadium will cost taxpayers hundreds of millions of dollars.
Quebec's Minister responsible for the Montréal region Martin Coiteux was in Montreal Thursday to discuss the province's 10 year infrastructure plan, which includes $88.7 billion in spending to help among other things, highways, public transportation and the Plan Nord.
Thursday night was dedicated to the budget for the Montreal area, so of course the Olympic Stadium was discussed.
The latest inspections by the Olympic Installations Board show the Stadium needs more than $280 million in renovations. That is up $60 million from last year.
Those costs don't even include any money for the roof, which experts tell the government is at the end of its life and can no longer be repaired.
The cost to replace the roof completely has been estimated to cost a minimum of $215 million.
The government has planned $213 million for repairs to the envelope of the stadium's tower and major renovations to the promenade, tourist hotspots in the Olympic Park and to the parking structure.