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  #13281  
Old Posted Dec 16, 2019, 8:42 PM
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  #13282  
Old Posted Dec 16, 2019, 8:46 PM
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Christ, Mulroney called the cops to arrest two Hamiton councillors, who refuse to leave without answers.

     
     
  #13283  
Old Posted Dec 16, 2019, 8:50 PM
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Screw her. Why did she even go to Hamilton if she was just going to hide. How much money was wasted on her no show press conference.
     
     
  #13284  
Old Posted Dec 16, 2019, 8:57 PM
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The Hamilton Spectator is reporting that the increased cost of $5B, cited as reason for the cancellation, actually includes capital and operating costs for the next 30 years. Sounds about right. Article is behind a paywall, unfortunately: https://twitter.com/BenSpurr/status/1206670719599419393?s=20
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  #13285  
Old Posted Dec 16, 2019, 9:02 PM
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Pretty shitty of the Ford Government. All transit projects are coming in well over budget these days because political leaders across the country are stepping-up their game (supply and demand) after years of inaction. Ottawa's Stage 2 estimate of $3.6B was off by $1B (for a total of $4.6B). The City approved Stage 2 nonetheless, assuming Ford would officially commit the provinces $1.2B share. Ford finally did commit the money weeks later, but cuts to the gas tax transfer that same week deprived Ottawa of $1B over 30 years. In one pocket, out the other.

This is the kind of politics Conservatives practice. We've seen it in Ontario with Harris and now Ford. We're seeing it in Alberta with Kenney. I agree, it's time for electoral reform at all levels of government.
     
     
  #13286  
Old Posted Dec 16, 2019, 9:03 PM
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I wonder how many other business along the route were looking forward to the LRT like this one?
     
     
  #13287  
Old Posted Dec 16, 2019, 9:17 PM
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Quote:
Originally Posted by TorontoDrew View Post
I wonder how many other business along the route were looking forward to the LRT like this one?
The Youtube video is gone...
     
     
  #13288  
Old Posted Dec 16, 2019, 9:20 PM
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Originally Posted by J.OT13 View Post
The Youtube video is gone...
Totally my fault. Sorry, I accidentally clicked on the edit button, not the quote button. I tried to fix it but I don't have the youtube link.
     
     
  #13289  
Old Posted Dec 16, 2019, 9:20 PM
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Quote:
Originally Posted by niwell View Post
The Hamilton Spectator is reporting that the increased cost of $5B, cited as reason for the cancellation, actually includes capital and operating costs for the next 30 years. Sounds about right. Article is behind a paywall, unfortunately: https://twitter.com/BenSpurr/status/1206670719599419393?s=20
$5B over 30 years is still an insane number for something that originally was only to cost $1B in capital costs.

By comparison, the current Calgary Green Line phase 1 will have about $4.9B in capital costs, $640M in financing costs and $40M/year net operating cost opening day. Even accounting for inflation in net operating costs, you're only looking at around $7.5B after 30 years.
     
     
  #13290  
Old Posted Dec 16, 2019, 9:23 PM
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Originally Posted by SteelTown View Post
Totally my fault. Sorry, I accidentally clicked on the edit button, not the quote button. I tried to fix it but I don't have the youtube link.
I've done that with my own posts...

I'm sure TorontoDrew will fix it when he has a chance.
     
     
  #13291  
Old Posted Dec 16, 2019, 9:42 PM
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They could have at least waited for the bids to come in and see the true cost of the line, as the Mayor pointed-out. Of course that would have shown that, although the project would no doubt cost more than the initial $1B estimate, it wouldn't have been anywhere near the over-inflated numbers the Ford Government pulled out of their asses today.

I hope the bidders speak up and call Ford's B.S.
     
     
  #13292  
Old Posted Dec 16, 2019, 9:47 PM
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Here it is again.

Video Link
     
     
  #13293  
Old Posted Dec 16, 2019, 10:09 PM
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They are pulling that $5 billion figure out of their ass. We would have figured the exact cost if they let the three bidders hand in their bid Spring 2020. But no, Doug was determined from day one to cancel the LRT.

First the PC party donated to an anti-LRT mayoral candidate, instead Mayor Fred got re-elected by a landslide (pro-LRT), froze property acquisition, than re-opened the property acquisition (bought even more houses and property) and now out of the blue they cancel it.

Ford was hoping Sgro won so he wouldn't have to do what he did today

Fred Eisenberger re-elected Hamilton mayor, defeats LRT opponent Vito Sgro
https://globalnews.ca/news/4581285/hamilton-election-day/
     
     
  #13294  
Old Posted Dec 16, 2019, 10:37 PM
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Originally Posted by J.OT13 View Post
They could have at least waited for the bids to come in and see the true cost of the line, as the Mayor pointed-out.
Has Hamilton been updating the costs of the project over time?

For Calgary, the Green Line is still at the RFQ stage but its costs have been revised (upwards) a couple of times since it was OKed in late 2015. It shouldn't be necessary for bidders to make a bid to get an idea if Hamilton LRT is really in the $3B cost range.
     
     
  #13295  
Old Posted Dec 16, 2019, 10:53 PM
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Originally Posted by GreaterMontréal View Post
they cancelled the project because of $1B ? For Ontario $1B is nothing. even $3B is nothing

London's transit project is in trouble ? Ottawa ?
Ion Phase 2 (Kitchener to Cambridge (Galt) )?
     
     
  #13296  
Old Posted Dec 16, 2019, 11:17 PM
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Did the Federal government helped with the funding ? If not, I'm not surprised by the decision of the Ontario government. Quebec would not fund a big project without the help of ''Ottawa''.
     
     
  #13297  
Old Posted Dec 16, 2019, 11:18 PM
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Ok I'm officially back to hating Ford again.
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  #13298  
Old Posted Dec 16, 2019, 11:20 PM
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Ok I'm officially back to hating Ford again.
You liked him? I never liked him, or his brother. They are the "fat cats" everyone refers to living high on the hog.
     
     
  #13299  
Old Posted Dec 16, 2019, 11:29 PM
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I kind of softened up after he committed to funding the Ontario Line, reversed his decision on uploading the subway and he took a more conciliatory stance after the federal election and tried to encourage national unity. Somehow I thought he had turned over a new leaf and decided to become more reasonable.
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  #13300  
Old Posted Dec 16, 2019, 11:33 PM
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I kind of softened up after he committed to funding the Ontario Line, reversed his decision on uploading the subway and he took a more conciliatory stance after the federal election and tried to encourage national unity. Somehow I thought he had turned over a new leaf and decided to become more reasonable.
You let your guard down? I figured that unless shovels are in the ground, all transit funding was in jeopardy. He has yet to let me down.
     
     
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