Quote:
Originally Posted by Trainguy
Don't be surprised if the Patullo Bridge turns into another white elephant like the GEB is. They are losing huge dollars every year in payments. People will avoid the bridge because of tolls and Translink will once again be on the hook for millions in short-fall funding because not enough motorists will pay $4.00 each way to use it. It will be interesting to see how this one plays out.
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I feel like people don't quite understand what a White Elephant is. Just to clarify, it is something that is built for very high sums of money and then will have little to no use in the future.
The GEB and GEW is very useful, adding a very important link between which was once a huge gap of in connectivity between the Port Mann and Mission Bridges and will continue to be useful for the remainder of its life.
The problem is that Translink should not have been the body responsible for the capital costs. Higher levels of government should have been (and the same goes for all major road and rail projects)
The other problem is that tolls should never be counted on to pay back capital costs. Expecting road tolls to pay back the entire cost of the GEB is no different than expecting ride fares to pay back the entire capital costs of a sky train line. Will... Never... Happen.
Tolls and fares should only be relied on for covering or helping with operational and maintenance costs.
And finally, 4 dollars is a little steep and it has been obvious for a while that a region wide tolling of all crossings (say around 1.50 each) is the far better solution.
So in the end, the GEB is a great project ( and was clearly better designed than what is being proposed for the Patullo Bridge ) it was just the rolling aspect that is poorly planned.
Not a white elephant.