Facing loss of Alberta funding, halt of planned Calgary Green Line could cost $2.1B
CTV
It could cost at least $2.1 billion to end work on Calgary's first phase of its long-sought $6.2-billion Green Line light rail transit project.
It could cost at least $2.1 billion to end work on Calgary's first phase of its long-sought $6.2 billion Green Line light rail transit project.
City officials and Green Line board members say more than $1.3 billion has already been spent on land acquisition, utility work and new rail vehicles, and a wind down could cost another $850 million.
The numbers were revealed at a city council meeting Tuesday, as members discussed the fallout of losing Alberta government funding for the project.
Alberta Transportation Minister Devin Dreeshen has said the province will pull its $1.53-billion portion from the project if the city doesn't rejig the line's route and extend it farther south.
Transportation Minister Devin Dreeshen penned a letter to Gondek in early September saying the province would pull its $1.53 billion in funding from the $6.2-billion project if the city doesn't rejig the line's route and extend it farther south.
City chief administrative officer David Duckworth said Tuesday that pausing work to wait months for other alignment proposals is untenable at this stage in the process, and the city can't afford to take on the risks.
He said Dreeshen's announcement earlier this month has left the city no other option but to bring work to a halt.
