Tag Archives: site c

Megaprojects like Site C bankrupt power utilities

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

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

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

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