Tag Archives: megaproject

Provincial finances are worse than they look as politicians hide their megaproject boondoggles

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Political leaders are determined to bury the risk of pet megaprojects. Continue reading Provincial finances are worse than they look as politicians hide their megaproject boondoggles →

Another megaproject pushing public utilities to the brink

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Nalcor’s Muskrat Falls hydro project will cost more than double original estimates, is years behind schedule and will impose triple-digit rate increases on electricity customers when it starts producing power. Continue reading Another megaproject pushing public utilities to the brink →

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Megaprojects like Site C bankrupt power utilities

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The Site C dam exhibits many of the same traits afflicting other megaprojects: an undermining of the regulatory system, accounting tricks that mask the real cost of the project and an explicit guarantee of a taxpayer bailout.

Continue reading Megaprojects like Site C bankrupt power utilities →

Canada’s $43B tab for hydro, nuke projects puts strain on utilities, consumers

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Canadian consumers and governments are straining to keep up with the costs of large electricity generating projects being constructed by publicly owned utilities.

Continue reading Canada’s $43B tab for hydro, nuke projects puts strain on utilities, consumers →

How megaprojects bankrupt public power utilities and leave regulators in the dark: report

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Government-owned power utilities across Canada are pushing ahead with multi-billion dollar megaprojects, while undermining the regulators put in place to protect consumers from such reckless behaviour, according to a new analysis from the Consumer Policy Institute. Continue reading How megaprojects bankrupt public power utilities and leave regulators in the dark: report →