May 18, 2022

The Queens County Citizen

Complete Canadian News World

Tramway: Cost almost $ 500 million more than $ 600 million

Tramway: Cost almost $ 500 million more than $ 600 million

The costs for the Quebec Tramway will eventually be nearly $ 500 million rather than $ 600 million. The Journal.

Also read: Only 4 out of 10 people support the tramway in Quebec

This is one of the many things that will be included in the update on the mega project that Mayor Bruno Marchand will give on Tuesday and Wednesday.

At the end of October 2021, in the middle of the election campaign, The Journal Revealed that the costs of the mega project in this way have increased exponentially. In this moment, The overdraft is estimated at $ 600 million And the budget is estimated to be around $ 4 billion.

A well-known source said that “there are various ways of making adjustments and calculations” to explain the increase in the additional bill from $ 600 million to about $ 500 million.

Equal parts

Expenditures in excess of the $ 3.365 billion budget should, in principle, be shared “in equal parts” between the federal, provincial and municipal governments. Last November, Prime Minister Legault However the door opened “To get more involved in the project”.

During the municipal election campaign, Bruno Marchand promised Trump “10 improvements” while at the same time saying he wanted the project budget to be under control. On Monday evening, Mayor Press Secretary Thomas Goudrolt declined to comment on our information.

See also

READ  School Breakdown: CSQ Legalt urges government to follow recommendations