Subway Costs Rise – Chill Financial Winds From Scarborough
As the cost of the Scarborough subway escalates, senior TransLink officials are desperately trying to find money to build Vision Vancouver’s massive “vanity” project, the Broadway SkyTrain Subway.
Subways are hugely costly to build and hugely costly to operate, but the regional Mayor’s Council and Provincial Politicians and TransLink remain absolutely blind to this fact.
TransLink is paying over $110 million in operating fees annually to the Canada line P-3 and the real scope of subway operational costs are lost to the very small print or not released at all.
It is time for real transit experts, to give real opinions on subway operation or light rail operation on Broadway, and not listen to career bureaucrats who fear for their jobs if they offer an honest opinion as what happened to TransLink’s two best planners.
Price of adding one station is up $150 million (USD $91.0 million) from an earlier estimate as the plan heads back to council for a vote.