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By Sigma Cub (anonymous) | Posted December 15, 2012 at 11:43:40
Thanks for this. Always interesting.
I was pleasantly surprised to see the Fraser Institute cover some of the same territory recently: http://www.fraserinstitute.org/research-news/research/display.aspx?id=18963
Hearing McCuaig spitball $34 billion a couple of weeks back -- a conservative guess apparently gleaned from $50 billion Big Move price tag -- did not give me much hope for a frank funding conversation.
Scant months before TBM was being rolled out, Metrolinx’s own studies suggested an estimated investment gap (taking into account capital expansion, renewal and operations) of between $2.8 billion and $6.2 billion a year (after MoveOntario 2020 investments), which suggests that the agency could easily be staring at a funding gap at least $20 billion larger than the one it’s prepared to discuss.
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