[Flash Walken]

Originally Posted by ken0042

Calgary report puts $457M price tag on flood tunnel

Best route is under Heritage Drive, not along 58th Avenue corridor, city document concludes

That's actually less money that I thought it would be. The question is- should it be something we consider? In Winnipeg the floodway was built in reaction to the 1950 flood and was considered a waste of money until the flood on 1979. Then in 1997 it paid for itself many times over again. Original cost of the Red River Floodway was $63 million ($360 million in today's dollars) and has saved billions.

Or was our flood last year a fluke; not likely to be repeated?

Some info on Winnipeg's floodway:
http://en.wikipedia.org/wiki/Red_River_Floodway

Insurance corporations don't seem to believe it is a fluke, which would make me inclined to believe the same.

2 Major floods in a decade tells me that even if there isn't another flood for 20 years, when it does eventually happen again, it will be another devastating one. Had it been in place for the last flood, it would have paid for itself, correct?

It think it's sound investment, given that the engineering behind it works as designed.