Federal Building, once home of Skypalace, should be sold, Wildrose says
The provincially-owned Federal Building in downtown Edmonton should be sold to make up a huge shortfall in government revenues, the opposition Wildrose party says.
The building, once proposed as the home of the so-called Skypalace, should be among assets the government puts on the market, Wildrose MLA Shayne Saskiw said Tuesday.
“Selling the building should be a no-brainer,” he told a news conference. “It should come with the added bonus of helping close the deficit gap this fiscal year.”
The Federal Building became controversial last year when CBC first revealed a luxury penthouse was being constructed on the 11th floor for former Premier Alison Redford and her teenage daughter.
The penthouse was canned but renovations continued, $100 million over budget and three years behind schedule.
The building will provide offices for MLAs and government staff. The move, scheduled to start next week, will cost $9 million, the Wildrose says.
Premier Jim Prentice is mulling a number of measures to raise revenues and cut expenditures in light of dropping oil prices. He says the province faces a $6 billion drop in revenues.
The province is forecast to end the fiscal year with a $500 million deficit.