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PRESENTATION TO CITIZENS

AD HOC COMMITTEE

EXPERTS

99.5% of these projects go massively over budget, over schedule, or under-deliver benefits.

- Bent Flyvbjerg -

Oxford University professor & author of 'How Big Things Get Done'

A study of 3500 projects from all over the world in several industries revealed that cost overruns are the norm, typically between 40 and 200 percent.

- Pierre Lortie -

Senior Business Advisor, Dentons LLP

Put simply, a third of the LRT could be under construction before it becomes apparent that Calgary cannot afford to build the rest.

- Ric McIver -

Former Alberta Transportation Minister

$4.65 Billion

44 Km + 29 Stops

$4.9 Billion + $500 MILLION

 20 Km + 15 Stops

$1 Billion spent

Upgrading Utilities

$5.5 - $10 BILLION

20 Km + 13 Stops

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