I was just reading an article on the CBC website about how the federal government is going to help Newfoundland more with the Muskrat falls hydro project debacle. Another Canadian project that doubled in cost from conception to finish. Without further government intervention Newfoundlander's power rates will go from just over 13 cents a kilowatt to over 20 cents a kilowatt when Muskrat falls comes on line later this year. Another example is the Greenline LRT in Calgary which is actually still on the drawing board but has doubled in price since inception. So are the people in government incompetent or is it that it takes so long from when a project is proposed to when it is completed that it is just inflation?!
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Originally posted by Hamloc View PostI was just reading an article on the CBC website about how the federal government is going to help Newfoundland more with the Muskrat falls hydro project debacle. Another Canadian project that doubled in cost from conception to finish. Without further government intervention Newfoundlander's power rates will go from just over 13 cents a kilowatt to over 20 cents a kilowatt when Muskrat falls comes on line later this year. Another example is the Greenline LRT in Calgary which is actually still on the drawing board but has doubled in price since inception. So are the people in government incompetent or is it that it takes so long from when a project is proposed to when it is completed that it is just inflation?!
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