Mr. Chairman, the planning study is estimated to take around four months to complete, and we are going to be looking at incorporating this project in the capital acquisition plan for this year, 2010. The planning study needs to be done by the end of June. There is some sense of urgency. Many of our leases, up to 70 percent of our leases are coming up for renewal. Present market rates and the conditions indicate that the rising lease prices are likely to stay very high and, therefore, we’re going to see significant increased costs associated with renewals. The study that was done, the lease versus to own analysis, concluded that savings are considerable, so there is some sense of urgency to do this project.
Michael McLeod on Committee Motion 30-16(4): Transportation, Operations Expenditures – Provision Of Quarterly Updates On Status Of Deh Cho Bridge Project, Carried
In the Legislative Assembly on February 23rd, 2010. See this statement in context.
Committee Motion 30-16(4): Transportation, Operations Expenditures – Provision Of Quarterly Updates On Status Of Deh Cho Bridge Project, Carried
Consideration in Committee of the Whole of Bills and Other Matters
February 22nd, 2010
See context to find out what was said next.