Quote:
Originally Posted by GP_Matt
Hopefully labour costs don't double in three years, although if they do so will tax revenue so it should be neutral there.
And delaying costs makes sense all the time. Have you never wanted to buy two things and decided that you could afford to buy one now and the other later. Currently they allocate a capital budget every year and then pay for projects from it, by spreading those projects out over longer time periods it reduces the capital costs. The reduced amount is still higher per capita than any of the other western provinces.
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Labour costs and material costs likely have doubled in the past 10 years actually, I don't have the stats and I don't know where I would get them but the average salary in Alberta has skyrocketed as a result of the prosperity and I doubt that is going to change anytime soon.
How does spreading out the cost over multiple years reduce the cost? Now I am not saying build everything for everyone but to blindly hack and slash programs in the name of not increasing any taxes is bound to leave Alberta in a situation as it was in the late 90s and still is today where they are having to build new roads and hospitals at a greater cost than they would at the time.