Calgary gets $165M federal loan for its electric bus program

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Calgary gets $165M federal loan for its electric bus program yyc yyctransit

In a press release sent out Wednesday morning, the Canada Infrastructure Bank announced it had inked a deal on a partnership with the city for $165 million to go towards theSign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.

| 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againThe bank said covering the up-front capital costs of purchasing the buses will be a good investment, as the city is projected to save 50 per cent on the lifetime costs of fuelling and maintenance, when compared with diesel buses.

 

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Ah yes, buses that get filled up with a grid powered by natural gas. This will be a costly disaster, good luck when it's -25C. Could have bought buses powered by natty, but that wouldn't have wasted enough money.

Has anyone seen the plan and/or costs to upgrade Calgary to accommodate everyone going to electric vehicles? I’m guessing we need to at least triple our delivery infrastructure and supply. I’m open to being corrected.

'Calgary gets $165M federal loan...' Table scraps for the unwashed proles to squander on virtue signaling vanity projects that accomplish nothing (at 12% compounded weekly)

Nothing boring money from yourself for something you didn’t think you needed…. It’s that a federal Loan and that means taxpayers money!! We lent ourselves money for busses… 😒 and Feds take credit for it.

What a waste of taxpayer money.

To be built, it already is!

SNC credits…

What a foolish endeavour.

🤦‍♀️

I thought these city buses in the cold don’t work? Need to be charged constantly

🤣🤣🤣🤣🤣🤣🤣🤣

This is going to be an epic fail..... Mark my words

'FACE COVERING REQUIRED'? There's some nostalgia.

Total waste of money.

we’re getting coal powered busses?

Good step!! 🙏🙏

What do you need buses for when everything is 15 minutes away?

Federal loan? Lending money from ourselves to ourselves. Nice

Once upon a time, Calgary had a whole fleet of electric buses. And an electric railway before that. progress whatsoldisnew

What could go wrong……

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