New SkyTrain line now expected to cost $6 billion and be delayed until at least 'late 2029,' according to the Ministry of Transportation.
The provincial government is facing yet another multibillion-dollar cost overrun for an infrastructure project having announced Thursday the Surrey-Langley SkyTrain extension will cost an additional $2 billion.
Glacier Media has asked the ministry where the additional tax dollars will come from, as the previous budget had pencilled in $2.4 billion from the province and $1.3 billion from the federal government, with the rest coming from municipalities. The SkyTrain line was chosen over a $1.65-billion light rail line looping through Surrey after former mayor Doug McCallum objected to the latter while gathering support for the former.
South Fraser Station Partners , which will build the eight new stations, is comprised of: Aecon Constructors, a division of Aecon Construction Group Inc., Acciona Infrastructure Canada Inc. and Pomerleau BC Inc.
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