06-24-2015, 06:56 PM
My optimism for the LRT is being tempered these days by two factors:
Bombardier's failure to deliver on time for the (much larger) TTC contract
http://www.cbc.ca/news/canada/toronto/bo...-1.3125560
And the fact that this will be a P3 project. A recent Infrastructure Ontario call said that the P3 project ongoing costs post-implementation have been sky high. As in, if you're expecting 1.5%-2% increased costs (excluding electricity, that's a whole can of other worms), they've been experiencing 8%-9% annual increases.
Bombardier's failure to deliver on time for the (much larger) TTC contract
http://www.cbc.ca/news/canada/toronto/bo...-1.3125560
And the fact that this will be a P3 project. A recent Infrastructure Ontario call said that the P3 project ongoing costs post-implementation have been sky high. As in, if you're expecting 1.5%-2% increased costs (excluding electricity, that's a whole can of other worms), they've been experiencing 8%-9% annual increases.