Has anyone factored in the costs of the impending trade war foisted upon us by the Trump presidency? Has anyone factored in the impending decline of income caused by job loss? Has anyone factored in the growing unnaffordability of our housing, despite the mad dash for ever higher densities?
The Broadway subway will now top $4 billion; the completion of the subway to UBC will top $8 billion.
Who is going to pay? TransLink is in the gutter of affordability, yet the bureaucracy churns out more and more "pie in the sky" planning.
To put into perspective, the additional $600 million and change over 10 years offered by the federal government, will barely cover the $40 million annual operating costs of the present subway if and when completed and will not cover fully the additional $40 million annual operating costs of the Expo Line extension to Langley if and when completed.
As the subway doesn't service downtown Vancouver and or Richmond/YVR it will be more of a customer iratertant, than a complement to our regional transit system.
The future ills, combined with future costs have been deliberately ignored by the entrenched ignorance of the bureaucracy and the deliberate ignorance by elected officials, which is far more damning.
A requiem for Broadway you say, I think "last rites" for Broadway is a better expression.
Has anyone factored in the costs of the impending trade war foisted upon us by the Trump presidency? Has anyone factored in the impending decline of income caused by job loss? Has anyone factored in the growing unnaffordability of our housing, despite the mad dash for ever higher densities?
The Broadway subway will now top $4 billion; the completion of the subway to UBC will top $8 billion.
Who is going to pay? TransLink is in the gutter of affordability, yet the bureaucracy churns out more and more "pie in the sky" planning.
To put into perspective, the additional $600 million and change over 10 years offered by the federal government, will barely cover the $40 million annual operating costs of the present subway if and when completed and will not cover fully the additional $40 million annual operating costs of the Expo Line extension to Langley if and when completed.
As the subway doesn't service downtown Vancouver and or Richmond/YVR it will be more of a customer iratertant, than a complement to our regional transit system.
The future ills, combined with future costs have been deliberately ignored by the entrenched ignorance of the bureaucracy and the deliberate ignorance by elected officials, which is far more damning.
A requiem for Broadway you say, I think "last rites" for Broadway is a better expression.
Hard to argue with any of that. Thanks for reading and commenting.