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Keith Gerein: A $10-billion black hole in infrastructure renewal awaits Edmonton taxpayers

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Most Edmontonians are likely unaware that the scale of the City of Edmonton’s infrastructure base has grown to such an extent that it now carries a replacement value of nearly $40 billion — $24 billion of which is devoted to transportation.

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Replacement value is a telling way to express this, because it also turns out that a massive chunk of the city’s asset collection needs to be replaced or at least seriously rehabilitated.

Crumbling roads. Leaky arenas. Half-century-old LRT cars. Deteriorating bridges.

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Due to a handful of pressures — most notably Edmonton’s growth........

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