zagox
Active Member
I take a different view of McIver's letter. The Alberta government is taking an investors view of the project. No different than a private company. Before they invest, they want to make sure the revised numbers check out. This project has the potential for all kinds of cost overruns.
Also, don't bank on the federal governments share as being solid. Given all of the free-wheeling ( in most cases necessary) spending of the last 3 months, this could change. As a country we are in a big hole, deficit wise. The feds may revise their commitment, they may cap it or they might hold on to it for a period of time.
I highly doubt this provincial review will lead to full-stop withdrawal of funding. There is too much support in Calgary for the general concept of the Green Line for the UCP to do that.
Having said that, I expect them to ask for some sort of cuts that demonstrate that they are "budget conscious". The most likely victim would be the Phase 2B (Eau Claire - Crescent Heights) segment of the route that already has a lot of detractors (including on Council and in this very forum!).