Vancouver Businesses Receive No Compensation for Broadway Subway Project Impact
Mount Pleasant businesses are facing significant challenges due to the ongoing Broadway Subway project in Vancouver. The section of Broadway between Main and Quebec streets has been closed for four months to facilitate the construction of a new subway station. Local business owners claim they are suffering financial losses and are seeking compensation from the provincial government.
Impact of Broadway Subway Project on Local Businesses
Business operators in the area have voiced their frustrations regarding the lack of support during this prolonged disruption. They argue that the construction project has adversely affected their revenue, which has been declining since the project commenced over five years ago.
Government Position on Compensation
During a recent meeting, B.C. Transportation and Transit Minister Mike Farnworth addressed the concerns of local business owners. He stated that while the government could offer assistance with parking adjustments and communication strategies, direct monetary compensation would not be provided.
Farnworth emphasized, “Compensation is not something any government has done in any project in this province. It opens a real Pandora’s box.” This stance has left many business owners feeling unsupported during a critical period.
Business Owners’ Appeals for Support
Doug Stewart, the owner of Colourstrings Music School, expressed the urgent need for assistance. He stressed the importance of receiving grants or bridge loans to help navigate the financial difficulties caused by the construction. Stewart urged the government to consider economic support not only for current issues but also for future revitalization efforts for local businesses.
- Businesses impacted include schools, retail shops, and eateries.
- Local residents and customers have also expressed concern over access to businesses during the closure.
The lack of compensation and support has raised questions regarding the long-term viability of small businesses located along this vital stretch of Broadway. Business owners are hoping for timely action to mitigate the economic challenges they face as the subway construction progresses.
