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EXCUSE ME WHAT 10 BILLION?
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EXCUSE ME WHAT 10 BILLION?

Change from $3,627M in the previous report. Footnotes appear to offer an explanation - ie the baseline

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Previous baseline notes cautioned that the co- development phase was still ongoing.

I don't recall an announcement stating that the P3 had been finalised, but this is a plausible change based on that scenario.

The other baseline amounts didn't change much.

- Paul
 
Isn't the $10 billion and the associated footnote a reflection of the construction cost plus the 30 year maintenance cost? So the actual construction cost wouldn't be $10 billion? I know this is a topic that has been discussed here in various project threads.

That's true, and the footnotes to the chart in the report appear to indicate that this is the case.

- Paul
 
What have they done. 2b already spent for 10% of the tunnel versus 1.6b spent already for the entire Eglinton West tunnel. This is so fishy.
 
What have they done. 2b already spent for 10% of the tunnel versus 1.6b spent already for the entire Eglinton West tunnel. This is so fishy.

Looking back thru past Board reports, this project had
$958M spent by March 31 2023,
$1,426M by March 31 2024
$2,027M by March 31 2025

I would expect that some costs have carried on despite the tbm stalling (tunnel liner inventory, for instance) and design is likely well along. But one wonders how much it cost to carry the project teams and machinery etc for the extra months during the prolonged down time.

- Paul
 
Who knew this project would have the most expensive tunnel in all of Canada 😂

We spent 2 billion and it’s not even completed!
 
There should be reporters chasing de Baeremaeker and Stintz around the city demanding wtf they got the city and provincial taxpayers into, and Mitzie Subway Champion Hunter too
 
Elevated north of Ellesmere and bridge station over highland creek at Lawrence similar to Old Mill station should have happened. Hopefully someday we will find out why with hundreds of core samples taken we have an unforeseen costly problem with this deep bore TBM due to soil conditions. Lots of blame to go around.
 

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