Metro Vancouver leaders are still trying to sort out who will pay for the problem-plagued North Shore Wastewater Treatment Plant many months after the announcement of a shocking cost overrun
Many months have passed since North Shore community leaders were told last September of the shocking budget growth of the wastewater treatment plant.
But the size of the sum has rendered the Metro Vancouver board paralyzed at times, frenzied at others, in arguing whether and how property owners in the three North Shore municipalities or across the federation’s nearly two dozen jurisdictions ought to pay. A cost apportionment bylaw has to be amended because of the ridiculous overrun here, but probably sets the stage for future project financing , so politicians are trying to protect their constituents.
There is some wishful, perhaps magical thinking involved in the punting of the problem – that a benefactor will emerge in the provincial election campaign to partly pay for the project. Neither the BC NDP government, nor the official opposition BC United, nor the ascendant BC Conservatives have so far raised their hands.
It creates a “three lines of defence” model: management with the responsibility to deliver; an internal “assurance team” to pay particular attention to the riskier areas of the expenditures, to provide objective intervention, and to advise this independent body to main the integrity of the project; and the third-party team to systematically evaluate the governance, processes and controls.
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