Ottawa Not Likely to Kick in Cash For Performing Arts Centre
By 250 News
Tuesday, November 04, 2008 10:27 AM
Prince George, B.C.- There may be a tough time getting Federal funding for the Performing Arts Centre. When asked for comment, Prince George, Peace River M.P Jay Hill indicated new spending isn’t in the immediate future.
Last night, Prince George City Council was presented with the proposal for the Performing Arts Centre which proposed a facility that would cost in the range of $41 million to $51.3 million. The funding for the facility could come from a variety of sources said the presenters, from Federal and Provincial governments, private, corporate and endowment as well as local government.
Normally, the cost sharing on major projects sees the price tag split three ways, which means the federal and Provincial Governments would be expected to each contribute about $17 million dollars.
Jay Hill says increased spending for new projects is very unlikely “ As a responsible and prudent Conservative government that was re-elected last month during a time of global financial uncertainty, I believe Canadians are expecting us to look at every federal program for possible expenditure reductions not increases” He adds “ We are going to sit here in the middle of November, and obviously we are going to be looking at every line item in the fall economic update that Finance Minister Flaherty will present at the end of the month for possible savings, so that we can have a bit more breathing room and not see the country go into a deficit position.”
The Federal government was expected to contribute $5 million dollars to the Northern Sport Centre, but that hasn’t materialized. It was also hoped the Federal government would make a substantial contribution to the construction of the Cameron Street Bridge, but that turned out to be $1million which was matched by the Province, leaving the City of Prince George to borrow the balance.
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"I believe Canadians are expecting us to look at every federal program for possible expenditure reductions not increases”
Our council should maybe take note of the state of the economy before committing $$$$ to "nice to have" pet projects