Quote:
Originally Posted by surrey
The surrey langley skytrain had an original budget around 4 billion pre covid ....then it ballooned to 6 billion once construction started. This tunnel will be similar...it will end up costing 6 billion. I appreciate the fact that NDP invests in infrastructure but they are the worst money managers i've even seen. No cost controls whatsoever...if they stay in power for a long period they are going to bankrupt this province with their delusional policies.
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The Newton Community Centre was estimated to cost
$100m in 2022 when it was announced, for completion in late 2024 or early 2025. There was even
a groundbreaking ceremony. Then the new mayor chose to move the site, and change the design, and it will now cost an
estimated $310.6m, although there was a warning last year that it was likely that it might cost more.
In Burnaby, five major projects are currently $281 million over their original estimated budget, based on documents provided by city staff to council earlier this year.
Changes, cost inflation and delays are increasing costs on projects everywhere, irrespective of what party controls the municipality, or province