Highway Robbery

DID YOU KNOW?

* Our recently completed bypass cost more than the Coquihalla highway in B.C.?
* The original estimate of $400 million dollars has grown to over $2 Billion?
* A large part of the cost appears to be due to speculators who have influenced the relocation of the bypass to benefit them alone
* Others were deliberately left out of discussions and had their properties annexed by the city
* Strategic land sales to developers took place before the altered Regina Bypass Plans were made known
* The city in turn paid these developers multiple times what these properties had been sold for shortly before the new plans were announced.
* Before the new Regina Bypass plans were announced, at least one civic employee was able to form partnerships with outside investors to purchase land which was later sold back to the government for far more than was paid to landowners in the same areas at the time
* We know from these transaction records who these ‘profiteers’ were, but what we don’t know is how they got the information in advance that positioned them to negotiate such exorbitant profits?
* We are now $800 Million dollars over the original estimate.
* Finally, both the premier and his deputy resigned mid-term shortly after these land deals took place. Premier Wall had signed an order in council for $21 million dollars to purchase land recently acquired from Bill Boyd’s landlord.
* The optics of this are poor to say the least!

Saskatchewan taxpayers have been left holding a very heavy bag!