The two sides had filed countersuits for claims totalling more than $300 million over the delayed start of operations for Stage 1.
Play Video
Mayor Mark Sutcliffe told reporters that details couldn’t be discussed until a final agreement has been reached, including whether any taxpayer money would be part of the settlement. The city had filed a $131-million lawsuit against RTG in May 2021, claiming the consortium contracted to build the first stage of LRT failed to meet certain terms of the deal, including missing two key completion dates in 2018. It was August 2019 before the Confederation Line was handed over to the city.
RTG filed a countersuit against the city in April 2022, claiming $189.7 million in damages and also asking the court to declare that the city “unlawfully” withheld more than $35.2 million in payments under the construction contract for delays.Article content
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Regina city council announces plans for city centre transit, Taylor Field housing development | Globalnews.caWednesday marked the first City of Regina council meeting of 2023, and with it came a discussion on how to spend 9 million in funding from the federal and provincial government.
Read more »
WARMINGTON: Transit union head says 'enough is enough' on violence, but will TTC and city listen?“This can’t continue,” Marvin Alfred, president of ATU Local 113, told the Toronto Sun. \u0022This needs to be addressed immediately.\u0022
Read more »
City of Ottawa taking federal government to court over $22 million in underpayments | Globalnews.caThe city collects more than $170 million each year in lieu of taxes on federal property, based on the provincial business education tax rate.
Read more »
City of Ottawa taking federal government to court over $22 million in underpaymentsThe city of Ottawa is taking the federal government and Canada Post to court over a $22-million shortfall in what it expected to collect in lieu of taxes for 2021 and 2022.
Read more »
City of Ottawa taking federal government to court over $22 million in underpaymentsIn a Federal Court filing, the city argues the federal government\u0027s decision to include itself in a provincial tax break should be invalid because it was…
Read more »
City of Ottawa taking federal government to court over $22 million in underpaymentsIn a Federal Court filing, the city argues the federal government\u0027s decision to include itself in a provincial tax break should be invalid
Read more »