[Kavvy]

Originally Posted by SebC

This is, in fact, the best way to build infrastructure.



From what I've heard though, there's a really silly political reason why the province prefers the ring road - it stays on their books as an asset. They can spend $5 billion on a road, and have a $5 billion road. They haven't really lost anything, they've just converted cash to an asset. If they spend $5 billion on LRT, which is given to the city, they're $5 billion poorer.

It's all totally nonsense, but you can spin the accounting for the ring road in a way that you can't for the LRT (unless the province were to somehow retain ownership of it).

I haven't heard this before? Source?