1
00:00:00,000 --> 00:00:07,600
Vancouver rundown for Friday August 16, 2024. Late and over budget. The provincial government

2
00:00:07,600 --> 00:00:12,240
now admits its latest cost projections for the Suri de Langley Skytrain extension

3
00:00:12,240 --> 00:00:18,640
will be $6 billion. That is a stunning 50% more than first promised. The Ministry of

4
00:00:18,640 --> 00:00:23,760
Transportation also says it now expects the project to be finished at the end of 2029,

5
00:00:23,760 --> 00:00:30,960
not 2028 as previously announced. The government blames market conditions, rising costs, labor

6
00:00:30,960 --> 00:00:36,960
shortages and supply chain issues for the extra costs. Even though work is already underway,

7
00:00:36,960 --> 00:00:44,640
BC conservative leader John Rustad says he doesn't think the NDP government will ever deliver on this

8
00:00:44,640 --> 00:00:51,680
project. Other news investigators are trying to figure out how and why a man died after falling

9
00:00:51,680 --> 00:00:57,840
from a transit bus in Wally. It happened after the man got off the bus near King George Boulevard and

10
00:00:57,840 --> 00:01:03,840
Old Yale Road early Wednesday evening. He could not be revived. Police say he was pronounced dead

11
00:01:03,840 --> 00:01:10,400
at the scene. Greater Vancouver and Fraser Valley home prices are on the rise again, at least

12
00:01:10,400 --> 00:01:17,280
according to a report by REMAX. The real estate company says 83% of valley neighborhoods are

13
00:01:17,280 --> 00:01:24,800
reporting an increase in the median price, 70% for Greater Vancouver. Meanwhile, the prices have

14
00:01:24,800 --> 00:01:33,120
dropped for high-end luxury homes, those valued at over $5 million. A well-known Vancouver anti-Israel

15
00:01:33,120 --> 00:01:40,640
protester has praised the October 7 terrorist attack during an Iranian TV interview. Charlotte

16
00:01:40,640 --> 00:01:46,080
Cates, who leads a Vancouver-based protest group, was arrested back in May after hate speech was

17
00:01:46,080 --> 00:01:51,360
uttered at a rally. Canadian Jewish groups have been lobbying the Trudeau government,

18
00:01:51,360 --> 00:01:57,520
trying to get her group declared a terrorist organization. Friday is going to be mostly sunny

19
00:01:57,520 --> 00:02:05,120
with highs in the low 20s. Saturday turns to rain or possible thunder showers. Expect rain on Sunday.

20
00:02:05,680 --> 00:02:10,080
For all the details on these Vancouver area stories along with the links,

21
00:02:10,080 --> 00:02:17,200
go to vancaverundown.substack.com

