Originally Posted by fusili
Carbon Capture and Storage, Fighter Jets, expensive and unnecessary prisons.
So, $100 million a year divided over the entire province, an incremental cost between the jets we will end up buying and the F-35s over the 30 year time frame (so $5-10 billion divided over the entire country, max $300 million a year over the entire country), and $2 billion over 10 years over the entire country?
You've identified $33 million + $10 million + $6 million a year that would be available if all those funds saved were reallocated.
To pay for the SE LRT price estimate today (borrow it all, pay it off over 30 years) would cost $145,436,898.46 a year. Alberta Capital Finance Authority - LOAN CALCULATOR
So with your identified sayings, assuming that the two levels of government would reallocate those savings despite a likely structural deficit at the federal level you still need to find an extra $96 million a year.
So to find that either from the province or federal government would represent finding $290 million a year at the provincial level, or $3.18 billion at the federal level
Keep going. And this is only to pay for the SE LRT with only newly committed money with debt financing.
To me at least raising a regional gas tax by $0.10 a liter is a much more likely way to get the money over the long term. And more democratically accountable too.