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George Massey Tunnel Replacement Project Budget Surpasses $8.5 Billion
Photo: Global News
2026-07-07 06:31   Economy   10

George Massey Tunnel Replacement Project Budget Surpasses $8.5 Billion

The budget for replacing the George Massey Tunnel has increased to $8.5 billion, more than doubling the original estimate of $4.15 billion.The completion date has been delayed from December 2030 to September 2031, though construction is set to begin next year.

British Columbia’s Minister of Transportation, Mike Farnworth, announced the update, stating the federal government will contribute up to $3 billion toward the project.The revised cost reflects refined design and construction planning, validated by third-party experts.The province initially faced challenges with its original contractor, Cross Fraser Partnership, leading to a shift in the procurement model.Despite these changes, construction remains on track, and the tunnel’s design has not been altered.The project highlights the complexities of large-scale infrastructure development, balancing cost overruns with long-term transportation needs.

Critics have raised concerns about the timeline and budget, but officials emphasize the necessity of the upgrade to modernize the region’s transit system.

Full reading at Global News

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