In a disgraceful and wasteful move, the unelected Metro Vancouver Board has decided to spend $200m of taxpayers’ money on new offices for their bureaucrats. Metro’s current offices are perfectly good and fit for purpose but they prefer to spend $200m for show rather than use those funds to help the homeless, the mentally ill, and those working poor who cannot afford to pay market rents.
Metro says they will save $1 million a year on operating costs once the move is completed. Sounds good. However, if the building costs $200m and they can sell their old spot for $80m, the break-even point on this transaction won’t come for another 120 years!
Typical inability to focus on genuine priorities.