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Lewis Farms recreation centre cost now inflated by 47%, report warns

InflationFiscal Policy & BudgetInfrastructure & DefenseTrade Policy & Supply ChainManagement & Governance

The Lewis Farms recreation centre project is now 47% over budget, per a report, with costs ballooning and the project again over budget. The city attributes the jump to inflationary pressures outside its control, implying likely municipal budget reallocations or requests for additional funding and potential delays or scope changes.

Analysis

The Lewis Farms recreation centre project is now 47% over budget, per a report, with costs ballooning and the project again over budget. The city attributes the jump to inflationary pressures outside its control, implying likely municipal budget reallocations or requests for additional funding and potential delays or scope changes.

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mildly negative

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