Ottawa city council voted 18 in favour of the deal, three against. Although there weren't funds budgeted for a bus purchase of this size, city staff explained how it would work (from the Ottawa Citizen):
Staff say $142 million of the $155.7-million cost would be financed by borrowing the money, and the cost “will be more than offset by savings created by replacing the aging fleet of 2001-2004 models with new, fuel-efficient models.”
The deal comes at an opportune time, less than a month after the Province of Ontario released a budget which outlined a stoppage to their subsidized bus-replacement program.
- Ottawa Citizen, "Company offers OC Transpo discount articulated buses"
- CTV.ca "City council approves $155M bus deal"
- Trading Markets, "New Flyer Announces Bus Purchase by The City of Ottawa for OC Transpo"
- San Francisco Chronicle, "Ottawa Buys 226 New Flyer Buses After Chicago Cuts Funding"
Why can't we do like China and build buses that travel over the traffic. http://news.yahoo.com/s/huffpost/669166 Spending huge amounts of money excavating to build an underground tunnel doesn't make sense.
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