Nov. 25, 2016

Road Tolls

Let’s do the math:

Proposed Gardiner and DVP road tolls - $250 million/year

Annual operating and maintenance costs - $190 million/year

Total new contribution to new infrastructure capital and operating costs - $250 million/year

Approved/and necessary but unfunded capital costs - $30 to $38 billion

Less total new contribution to new infrastructure capital and operating and maintenance costs (over 30 years) – ($7.5 billion)

SHORTFALL (New Infrastructure Capital Costs) - $22.5 to $30.5 BILLION

SHORTFALL (New Infrastructure Operating and Maintenance Costs) – To be determined, and not included

Hmmm …..  Waiting for the second shoe to drop!!