Comment 66916

By Undustrial (registered) - website | Posted July 26, 2011 at 15:56:21

If we want money from Metrolinx, we need to present a compelling business case. About that, the mayor's right. So what's he doing? Re-assigning staff away from the project, publicly. Is that how we convince the province that we're worth money?

These dire warnings for tax increases seem to be based on the idea that we'll have to cover the whole cost ourselves in a single year. That just isn't how large government project capital is handled and he knows it. There would be loans, development charges and a fair bit of provincial help, even if not "100%". Whichever way it pans out, we won't know until we study it in depth.

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