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Taxpayers hit with $31M in cancellation costs after Higgs stops 4 major projects

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Replying to and 49 others
Surprise Surprise Surprise


https://davidraymondamos3.blogspot.com/2019/03/taxpayers-hit-with-31m-in-cancellation.html





https://www.cbc.ca/news/canada/new-brunswick/infrastructure-budget-new-brunswick-1.5047546



Taxpayers hit with $31M in cancellation costs after Higgs stops 4 major projects



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David Amos
David Amos
Surprise Surprise Surprise


kevin james
kevin james
@David Amos

I agree - who would have thought, a conservative government having to come in and make tough choices to stop the liberal bleeding....

David Amos
David Amos
@kevin james Are you aware of my idea to pay off our provincial debt and put the budget in a surplus?













Tim Astle
Tim Astle
Less than 8 million per deal? That isn't bad. The other way to look at it is for each project:
* The estimated completion cost is far more.
* Each project will have a cost overrun.

I would not be surprised to see the cost overruns alone would be more than $8 million each. I don't think I've seen a project that doesn't underestimate.


David Amos
David Amos
@Tim Astle True















Claude DeRoche
Claude DeRoche
And unemployment is up .3 % under the Prince of Bermuda's watch,
only the beginning !
Gotta love the CORservatives!


William Reed
William Reed
@Claude DeRoche

We elected a bunch of ideologues who believe in "get your hands off my gigantic pile". Suddenly the rich feel richer as their money starts to gain in meaning when government can no longer do what it is meant to do. I'm sure they' ll offer to buy everything we ever build for 2 cents on the dollar seeing that it's half built and not in any condition t be used.

David Amos
David Amos
@Claude DeRoche So says the SANB N'esy Pas?

Bob Smith
Bob Smith
@Claude DeRoche I think the lobbying firm Gallant will be going to work for will be hiring.

Lewis Taylor
Lewis Taylor
@David Amos
No...we follow the grand pouba leader of the PANB...the real premier of NB

David Amos
David Amos
@Lewis Taylor Clearly you have no clue as to who I am












Tim Astle 
Stephen Doran
Unfortunately governments of all stripes enter contracts and make commitments they knowingly can never afford and the citizens are stuck with the bill. Citizens should only vote for politicians that have a moral compass and can be held accountable for their negligence.


Daniel Rawlins
Daniel Rawlins
@Stephen Doran
Sadly when citizens do vote for politicians they believe have a 'Moral Compass' they find that after a year or two in office those 'high-minded politicians seem to loose their compass or it gets broken and they never seem to be able to find the old one or to get a new one....

William Reed
William Reed
@Stephen Doran

Governments that do not work at circulating money to a degree that is manageable are actually starving their population of a well being that is attainable. Conservatives are the worst accountants, IMO. They think only of the liabilities column.

David Amos
David Amos
@Stephen Doran Good luck finding a political party willing to be held accountable for their negligence.














Marguerite Deschamps
Marguerite Deschamps
Nothing for those who did not vote for the two COR parties. It is what it is.


David Amos
David Amos
@Marguerite Deschamps Methinks you know as well as I that I didn't vote for any political party I voted for myself because do know how it is N'esy Pas?

Lewis Taylor
Lewis Taylor
@David Amos
Your sentence makes absolutely no sense...pull up on the substances.














Tim Astle 
James Reed
It's an accounting issue... the money was already spent, but because the projects have been canceled it can't be amortized of several years and has to be accounted for in the year it was spent... the headline "$31M in cancellation costs" makes it seem like that was the penalty for stopping those projects, but it's actually it's the worth that was already done on those projects - that money is already spent, it now just shows up on this years budget instead of a little bit every year for the next several years.


David Amos
David Amos
@James Reed I believe you are largely correct except that amount may be penalties












Tim Astle 
Mario Doucet
Highway 11 upgrade is simply liberal vote buying.


Graeme Scott
Graeme Scott
@Mario Doucet Exactly Even the government's own engineers at DOT said the highway doesn't carry enough traffic to justify twinning. Most of the concerns could be addressed by some upgrades and the addition of passing lanes. None of which require the dozens of hugely expensive new bridges and overpasses that twinning would need.

Michel Girouard
Michel Girouard
@Graeme Scott Exactly, they could upgrade passing lanes in comparison to the highway between Miramichi to Bathurts.

David Amos
David Amos
@Mario Doucet YUP

Marguerite Deschamps
Marguerite Deschamps
@Mario Doucet, the north will get nothing from the two COR parties.












Graeme Scott
Graeme Scott
Better to take a one time 30 million hit now than to continue down the path of spending 300 million you don't have and can't afford. The credit card is maxed out....reality checks are often unpleasant but you reach a point where they are unavoidable.


Norman Albert Snr
Norman Albert Snr
@Graeme Scott You make those decisions before the signing and penalties awarded.

Graeme Scott
Graeme Scott
@Norman Albert Snr Unfortunately, we didn't have a fiscally responsible government when those decisions were taken and contracts signed (Looking at you Mr Gallant)

Rosco holt
Rosco holt
@Graeme Scott
Really!?
How fiscally responsible is it that we keep paying for the crownland giveaway.
Higgs could have fixed this months ago by voiding the forestry agreement the Alward government gave industry.

But no he's still lobbying for this subsidy.

David Amos
David Amos
@Rosco holt With a stroke of the pen Higgs could reverse primary source of wood from Crown land back to private wood lots like Bernie Lord promised to do in order to get elected the first time many moons ago.. Methinks that would put the Irving Clan's knickers in quite a knot N'esy Pas?

David Amos
David Amos
@Graeme Scott "Better to take a one time 30 million hit now than to continue down the path of spending 300 million you don't have and can't afford."

I concur











Tim Astle 
michael.Doyon
conservatives penny wise and pound foolish. some things just never change


kevin james
kevin james
@michael.Doyon

What’s foolish, is the liberal ideology that debt incurred through limitless spending eventually just takes care of itself...

Marc Martin
Marc Martin
@kevin james

Its actual a logical decision to spend on infrastructures it creates jobs...

Gary Timberlake
Gary Timberlake
@Marc Martin @Kevin James Well said Marc! Agreed.

Les Cooper
Les Cooper
@Marc Martin that would be a make work project.

Rosco holt
Rosco holt
@Les Cooper
It isn't any different than the crownland giveaway. It created jobs for foreigners in Chipman.

David Amos
David Amos
@Rosco holt YUP











Tim Astle 
Rosco holt
Guess the budget isn't balance after all. Higgs tax cuts while have to wait.


Brad Little
Brad Little
@Rosco holt At least he's not raising them like the Liberals ALWAYS do. In fact, he's fighting on our behalf against the carbon tax. He's my hero.

David Amos
David Amos
@Rosco holt YUP

Marc Martin
Marc Martin
@Rosco holt

It will be worst next year, all these cuts where creating jobs lol, its wise to spend money on infrastructure next years budget will be a diseaster...I am still waiting for him to remove the special gaz tax, lower tax on income and lower the GST ...

Les Cooper
Les Cooper
@Marc Martin I see our education system needs some work. Spelling anyway.

Rosco holt
Rosco holt
@Brad Little
His plan was to cut taxes, instead of paying down the debt. He isn't my hero, pay down the debt quickly, then we can look at lowering taxes.

Some of the projects that were cancelled are needed for safety sake.












Tim Astle 
Axel Roosevelt
Who cares, no different than paying an early term fee for breaking your mortgage in order to save in the long term. Great news!


Lewis Taylor
Lewis Taylor
@Axel Roosevelt
Save long term? Having to sell your house to live joblesss in a basement apartment is not a winning strategy.

David Amos
David Amos
@Lewis Taylor So you say

Stephanie Price
Stephanie Price
@Lewis Taylor Who said anything about being jobless? Living within your means is always a winning strategy.

David Amos
David Amos
@Stephanie Price I wholeheartedly agree

Norman Albert Snr
Norman Albert Snr
@Axel Roosevelt Except that is not the case here. $31M for doing nothing is just a little overboard. For those having a difficult time with this that is 31 with 000,000,000.00 of tax payers money. So if you had to forgo eating well or fixing the car check with the governments on where they spend your taxes.

Les Cooper
Les Cooper
@Lewis Taylor there is work all over Canada that you could do. Just don't stay in NB. The taxes are way to high here for a **** hole province. Lol

Lewis Taylor
Lewis Taylor
@David Amos
I forgot that it hits close to home for you.

Axel Roosevelt
Axel Roosevelt
@Lewis Taylor

For all Lew cares he or someone in his family is probably missing out on summer pogey hours as a result of these excellent cancellations, get a real job pal.

Lewis Taylor
Lewis Taylor
@Les Cooper
Don't worry about my job...I worry more about lack of economic development and tax increases for the 40 thousand or so fellow tax payers that keep this province afloat.












Tim Astle 
Lewis Taylor
Not spending money is one thing...leaving money on the table for unfinished projects is stupid. Many contractors are now in a position to sue the government for breach of contract for all the costs they incurred etc....This will not be a moment to remember for this PC govt...let's hope the premier stops acting like a bull in a china shop and an Irving sycophant and starts to make rational decisions.


David Amos
David Amos
@Lewis Taylor Dream on

Marc Martin
Marc Martin
@Lewis Taylor

People voted for him, now they have to live with their mistakes..

Lewis Taylor
Lewis Taylor
@Les Cooper
Why does racism always have to come up?












Tim AstleJune Arnott
No vision here! More people to die on Route 11. Blame Higgs.


Harold Wood
Harold Wood
@June Arnott
Drive more carefully

David Amos
David Amos
@Harold Wood Methinks that why motorcyclists such I live long lives N'esy Pas?

Les Cooper
Les Cooper
@June Arnott does anyone even use that road?

Lewis Taylor
Lewis Taylor
@Les Cooper
A lot more cars than on the deserted 4 lane white elephant from St John to Maine!!

Lewis Taylor
Lewis Taylor
@Harold Wood
Real intelligent.









 

Lewis Taylor 
Roger Drisdelle
Surprise, a conservative government with no vision for the future.. Who would of thought... Be...Broke in this place


Gil Murray
Gil Murray
@Roger Drisdelle Yeah like NB was not already broke - $14.5B in debt. Your idea is to get out of debt by spending. How many more government employees do you want to pay for in order to fill all of the capital city office space?

michael.Doyon
michael.Doyon
@Gil Murray what would be wrong with looking at increasing revenue rather than cuts? ....positive verses negative

kevin james
kevin james
@michael.Doyon

Like by raising taxes - yeah, that’s a great idea... Raising government “revenues” only leads to higher spending and greater debt serviceability and less accountability - i.e. more debt.....

Feel free to donate more of your hard earned paycheque to the cause. As for me, I lose sleep every night trying to figure out how to keep more of mine.

David Amos
David Amos
@kevin james Methinks much to the chagrin of Mr Higgs and his opposition "The Powers That Be" know why I don't lose any sleep over taxation since i was informed that the Feds had deleted my SIN

Truth is stranger than fiction N'esy Pas?

Marc Martin
Marc Martin
@Gil Murray

Investing in infrastructure is actually a very logical way to increase revenue, you create jobs. Higgs is lucky he had a surplus left to him by the Liberal government...

Gil Murray
Gil Murray
@michael.Doyon If you want to pay more taxes, feel free. If you seriously think that infrastructure projects provide long-term revenue streams, why has it not worked yet. Increased revenue is coming from increased GST. That is why there is a surplus. Keep on buying son, you might bring the debt down.

Derwith Kennedy
Derwith Kennedy
@kevin james So you don't want to contribute your fair share? Why am I not surprised.








Taxpayers hit with $31M in cancellation costs after Higgs stops 4 major projects

Province must pay $31M this year after cancelling new Fredericton courthouse and other infrastructure projects


The Progressive Conservative government of Blaine Higgs has stopped work on a new courthouse and refurbished Centennial Building in Fredericton. (Shane Fowler/CBC)



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