Province pulling funding for Calgary's Green Line LRT project

Province's decision to pull funding for Calgary's Green Line LRT project leaves city scrambling for alternatives

The Alberta government has pulled funding for the Green Line LRT project in Calgary, leaving the city scrambling for alternatives.

In a letter to the city, the province said it was withdrawing its $3 billion commitment to the project due to the current economic climate.

The city has been planning the Green Line for over a decade, and it was scheduled to open in 2027.

The project was expected to cost $5.5 billion, with the province and the city each contributing $3 billion.

The city had already spent $1.5 billion on the project, and had secured $1.5 billion in federal funding.

The province's decision to pull funding has left the city with a $3 billion shortfall.

City officials say they are "deeply disappointed" by the province's decision and are now exploring other options to fund the project.

One option is to ask the federal government for more funding.

Another option is to raise taxes or cut spending to free up money for the project.

The city could also look to the private sector for funding.

However, all of these options are likely to be difficult and time-consuming.

The province's decision to pull funding for the Green Line LRT project is a major setback for Calgary.

The project was expected to create jobs, boost the economy, and improve transportation in the city.

The city is now facing a difficult task in finding alternative ways to fund the project.