scarberiankhatru
Senior Member
That's not unusual in the early stage of any project ... they haven't even finished the design yet,
Yet at the same time, the estimated passenger volumes are higher than any of the Transit City lines, or the (new) Spadina and Sheppard lines. If you don't build this as subway, you never build another subway in the GTA again.
Uh, yeah, obviously I know that the Yonge line needs to be extended.
Still, that's no excuse to throw hundreds of millions of dollars down the drain. I think Yonge already has some contingency built in (they're actually hoping to secure a "Madrid Miracle" by getting a firm like Dragados to build it, though that's unlikely) but if they bumped it up to 26% like Spadina, that's just even more hundreds of millions frittered away. Aside from reasonable cost savings, there's no incentive not to spend every available dollar if the dollars are made available in the budget from the outset. Inflation is not to blame for this. Steeles station alone is going to cost near $250M in 2008 dollars, but they could have chosen to spend half that.