Thank you, Mr. Chairman. On the Ecole St. Joseph renovation, it's booked here for $22 million, Mr. Chairman, over the coming three fiscal years, $8.6 million in this fiscal year. Mr. Chairman, this project which is, of course, badly needed due to the fire at the school last year, has been advanced somewhat. It was originally booked, I understand, for about $19.5 million; it's now clocked at $22 million. Mr. Chairman, my concern here is...I'll ask the question specific to this project, but it also applies to all other capital projects. At the rate at which we've seen capital costs accelerate across the board, we seem to be looking at about 15 percent a year, which, when we get into these substantial projects is large amounts of money on our capital sheet, Mr. Chairman. I wanted to ask the Minister, especially in relation to this project here, it's already increased by $3 million in the course of one year. What steps are we taking to ensure that the job stays at the budgeted cost? Are we really keeping a very sharp pencil on this and sharp controls to ensure that projects don't continue to escalate at such a costly rate, Mr. Chairman?
Bill Braden on Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 21st, 2007. See this statement in context.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
February 20th, 2007
Page 1089
See context to find out what was said next.