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    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

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    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

    Kroger shares summer entertainment tips – Supermarket Perimeter

    Ultimate Summer Entertainment Tips to Make Your Season Unforgettable

    Theater at Santa Fe’s San Isidro Plaza will be converted into IMAX, family entertainment venue – Santa Fe New Mexican

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    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

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    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

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    Bull of the Day: Credo Technology Group (CRDO) – Yahoo Finance

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    A major AI training data set contains millions of examples of personal data – MIT Technology Review

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    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

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Billions over budget, Metro Vancouver launches ‘independent review’ of wastewater plant

June 19, 2024
in News
Billions over budget, Metro Vancouver launches ‘independent review’ of wastewater plant
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Metro Vancouver says it is launching an “independent review” of the giant cost overruns of the North Shore Wastewater Treatment Plant Program, a day after telling Global News it had no plans to take such action.

The announcement also comes one day after Premier David Eby called for an independent audit of Metro Vancouver and even hinted that if the authority could not ensure financial accountability, the province may step in.

“We take these concerns seriously and as such, as the Chair of the Board, I am initiating an independent review of the North Shore Wastewater Treatment Plant Program costs,” outgoing Mero Vancouver board chair George Harvie wrote in a release Tuesday.

Metro Vancouver says the scope and details of the review still need to be determined.

Click to play video: 'Councillors call for B.C. auditor general to investigate North Shore wastewater plant cost overruns'

2:08
Councillors call for B.C. auditor general to investigate North Shore wastewater plant cost overruns

The plant was initially expected to be finished by 2020, at a cost of $700 million. The budget has since swelled to nearly $4 billion and the completion date has been pushed to at least 2030.

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To pay for the project, Metro Vancouver voted to divide the costs across the region, with North Shore homeowners bearing the brunt with an extra $590 per year on their utility bills for the next 30 years.

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Last week, seven city councillors from across Metro Vancouver called for auditor general Michael Pickup to investigate the cost overruns.

“Part of today is really, sadly … damage control. This should have come weeks, if not months ago. They’ve gone into this kicking and screaming,” New Westminster Coun. Daniel Fontaine said Tuesday.

“It’s taken letters from elected officials. It’s taken the premier even yesterday, openly musing about the B.C. auditor general to get involved. It shouldn’t have been this challenging and this difficult to acknowledge that we have a financial nightmare on the North Shore.”

Fontaine applauds Metro Vancouver’s acknowledgement of the issue but doesn’t think Tuesday’s announcement goes far enough.

“I think what the public is and was hoping for is that there would be a truly independent audit, a forensic audit of what happened and exactly how we got to where we’re at,” he said.

“That’s not quite what I heard today.”

&copy 2024 Global News, a division of Corus Entertainment Inc.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : GlobalNews.ca – https://globalnews.ca/news/10574708/metro-vancouver-independent-review-wastewater-plant/

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