Cost of moving Ontario Science Center skyrockets before construction even starts: AG

Photo of author

By Mayank Agnihotri

The cost of relocating the Ontario Science Scentre to Ontario Place increased by $400 million in less than eight months, the province’s auditor general has found, throwing cold water on the government’s assertions that moving the tourist attraction would be cheaper than renovating the existing site.

70c8fc80

When the Ford government announced a controversial plan to shutter and relocate the Ontario Science Center in the spring of 2023, the province boasted that taxpayers would save $257 million, over a 50-year period, by closing the aging and poorly maintained site.

The preferred option, the government said, was to build a new science center on the Ontario Place ground that, despite a smaller footprint, would fit all the “core programming” the science center needs to meet its mandate.

A business case analysis suggested that keeping the science center at the current site would cost $1.3 billion over 50 years, compared with $1.047 billion over 50 years to move it to Ontario Place.

Story continues below advertisement

While the government never updated that figure, Ontario’s auditor general found on Tuesday that the cost to build and maintain a new science center at Ontario Place has increased by $397 million over that same 50-year period — a 47 per cent increase from the original estimated. cost approved by the government.

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Get breaking national news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

“If these costs are added to the $1.047 billion the total is now $1.444 billion,” the auditor found.

The increased costs are due to a $244 million increase in design and construction costs, a $93 million increase in life cycle and maintenance costs and an $80 million increase in costs due to changes to the building and cost escalations.


Click to play video: ''No other choice'': Ontario Science Center permanent closure imminent'


‘No other choice’: Ontario Science Center permanent closure imminent


The latest financial snapshot available, however, is from November 2023 — meaning the costs may have increased over the past year.

Story continues below advertisement

The auditor notes that the price tag of rehabilitating the existing science center would have also increased, but didn’t specify by how much.

The auditor recommended that the Ministry of Infrastructure should provide Ford’s cabinet with the “full cost implications” to allow the province to make a sound decision.

The ministry accepted the recommendation.

&copy 2024 Global News, a division of Corus Entertainment Inc.



Source link

Leave a comment

Share via
Copy link