Price tag more than doubled for Massey Tunnel replacement, province updates
Posted July 6, 2026 3:16 pm.
Last Updated July 6, 2026 3:17 pm.
The George Massey Tunnel replacement project will cost $8.5 billion, the provincial government says on Monday.
This price tag is more than double what was previously expected the project would cost.
CLICK HERE TO LISTEN TO 1130 NEWSRADIO VANCOUVER LIVE!As part of a multi-billion-dollar deal between B.C. and the federal government, including multiple major projects in the province, Ottawa assured that it will contribute $3 billion to the costs of the tunnel project.
During a press conference, Mike Farnworth, Minister of Transportation and Transit, tells reporters that the expected completion of the tunnel is September 2031.
The new timeline pushes the project by about a year; it was originally planned to open by December 2030.
The project is currently named The Fraser River Tunnel Project.
More to come.
