B.C. to go ahead with controversial Site C dam.
The Site C hydroelectric dam will be completed with the backing of British Columbia's NDP government, but it is warning the price tag will be higher than estimated.
Site C was projected to cost $8.3 billion to complete, but the government now estimates the project will total $10.7 billion.
"Megaproject mismanagement by the old government has left B.C. in a terrible situation," Premier John Horgan said Monday in a news release. "But we cannot punish British Columbians for those mistakes, and we can't change the past. We can only make the best decision for the future."
https://ca.finance.yahoo.com/news/b-c-apos-premier-john-092003246.html
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While I was against the dam in the beginning, I feel this was the only reasonable choice given the amount of money that has already been spent on the project and the $1.5 billion price tag that would have come from cancelling it and remediating the site. There would be nothing to show for all of those wasted billions.
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