Rainforest
Senior Member
A little misleading. The city's contribution to this subway is $1 billion. All cost overruns will be billed to the city. If the extra station turns out to be $200M, that's a 20% increase on our part of the budged that will be borne entirely by Toronto taxpayers (not Harper or Queens Park). Not exactly a minor expense if you look at it from our perspective.
Well, even if we ignore the federal and provincial contributions altogether, I would not say that a 20% increase of the city portion is a huge problem. After all, we are getting 33% more stations (4 vs 3) for that; and, most importantly, a station that will be well used and thus in line with the city's stated growth objectives.
Still, I think that it is more useful to compare the cost of that station with the total cost of the project, including the federal and provincial portions.