budget

Feds Drop More Money on the Evergreen Line

So Harper's Conservatives have apparently solidified the Evergreen Line funding mentioned in the 2009 budget, adding $350 million more to the project, bringing it within $173 million of its $1.4 billion total cost.

(Interesting how you can build an entire, expensive Skytrain line for 1/2 the price of a 10-lane bridge).

"Bad Times" Budget = Good News for the Evergreen

Perhaps the biggest news for BC coming out of the 2009 federal budget is the announcement that funding for the Evergreen Line, connecting the Millenium Line to Port Moody and Coquitlam, is going to come - and soon.

The Evergreen Line - originally conceived of as a streetcar, but recently turned into a SkyTrain project - has taken its rightful place as the most important infrastructure project in the province.

Millenium Developments to Receive $100-million Loan

A bit of a bombshell dropped this morning: the City of Vancouver is apparently about to loan $100 million to Millenium Developments, the company developing the SE False Creek 'Olympic Village' site.

This comes after everyone at the city was saying the project was fiscally stable, and that the city was not going to be left on the hook for anything.

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