Posted Apr 10, 2007, 6:37 AM
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Registered User
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Join Date: Dec 2006
Location: Hamilton
Posts: 6,380
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Partnerships BC
A project is automatically referred to Partnerships BC when the requested provincial funding component is in excess of $20M.
I don't know how much it would cost to do any one of the phases but I would bet it would cost more than $20M. Then again, if the City was able to operate it and collect fares on what is likely to become a profitable route then I don't see why there would be a need for Provincial funding, the city could just borrow what is needed and pay it back.
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