Quote:
Originally Posted by buzzg
The cost savings contingencies were already built into the original agreement, it stated clearly where any savings would be going. To me, the province has zero good will left to give them any benefit of the doubt that this isn't more than them just trying to back out of more funding and dump it on the city.
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I guess we will see how it plays out but I remember Bowman calling out True North and Chipman over backroom deals. When in reality the processes which were put in place by the city were followed. it turned out his frustration should have been directed more internally instead of lashing out at someone who was following the rules set out in front of them.
It seems like the province is just trying to do it's due diligence.
"Caitlin MacGregor, a spokesperson for the PC government, said contingency funds are not eligible for funding under a federal program that pays for public-private partnerships such as the transitway deal.
As a result, the province's desire to amend the deal stems solely from the change in project cost from $587 million to $467 million."
http://www.cbc.ca/news/canada/manito...ding-1.4533408
Granted I am not naive and see how this could be the province just trying to delay the project to improve the outlook of their budget but I suggest we hold judgement until all the facts are known.