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By ergopepsi (registered) | Posted October 27, 2016 at 12:16:23 in reply to Comment 120365
I think a point has been lost in the cost debate - and I may be wrong - but isn't the 1 billion dollars simply the amount allocated to the project? It seems like a lot of people are running on the notion that the line has been estimated to actually cost 1 billion dollars to build. More likely, Metrolinx came up with their most pessimistic estimate for the cost to build and then added X millions of dollars on top of that. I wouldn't be surprised if they over-estimated by orders of 100's of millions. It increases the likelihood of coming in under budget.
Already we see this in play where the underpass needs to be built at Gage. This is a major added element of the project but that extra cost will still keep the total cost so far under the stated 1 billion.
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