Construction industry worried about Calgary’s Green Line setback [Video]

Calgary’s construction industry is worried about the message being sent to investors because of the province’s decision to delay the construction of the Green Line.

The Calgary Construction Association (CCA) says the project is “a transformative infrastructure project” for the city and the province pulling funding from it puts “jobs, economic growth and the city’s transportation infrastructure at risk.”

“The provincial government’s abrupt decision to reduce its financial commitment to the Green Line project is a significant setback not only for Calgary’s construction industry but also for the broader community that has been anticipating the benefits of this vital transit expansion,” the CCA said in a statement on Thursday.

Furthermore, the CCA is concerned over the precedent being set by the province.

“This move sends a clear signal that no project, regardless of its scope or significance, is safe from unexpected funding cuts. The resulting uncertainty introduces a huge element …