Ontario

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It will cost $1.5M more than announced to run 9 Service Ontario branches in Staples stores: financial watchdog (www.cbc.ca)

submitted 2 weeks ago by veeesix to c/ontario

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The FAO’s report is out. Its topline finding is that Ontario is set to spend $11.7 million to run 9 Service Ontario branches in Staples Canada stores over the next three years – that’s about $1.5 million more than the estimate the government provided the public last year.

You can find the full report here, if you'd like to read it for yourself.

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[–] [email protected] 3 points 2 weeks ago

the FAO estimates that retaining the original operators would have cost the Province a total of $10.9 million. Compared to Scenario A, the $11.7 million cost of the Staples Canada agreement results in an additional cost of $0.8 million. In contrast, the Province estimated net savings from the Staples Canada agreement of $0.9 million, largely due to a lower estimated cost for the Staples Canada agreement.