Après une décennie de travaux et une facture faisant sombrer les finances de Terre-Neuve-et-Labrador, le projet hydroélectrique de Muskrat Falls n’a toujours pas franchi la ligne d’arrivée – et risque de ne jamais fonctionner comme prévu.

https://ici.radio-canada.ca/recit-numerique/5319/projet-barrage-hydro-electrique-muskrat-falls-terre-neuve-labrador

#MuskratFalls #barrage #dam
#nlpol
#RadioCanada

So, the white man screwed up and the project cost too much so it’s the Innu that got the shaft? Whatever happened to a deal is a deal? Shame Us O’Regan can do better than that. #MuskratFalls #ReconcileThis
https://www.cbc.ca/news/canada/newfoundland-labrador/gull-island-dead-hydro-penashue-1.6731927

Muskrat Falls is probably the best example of a #P3 failure. The project is years overdue and its costs have ballooned to $13.4 billion, up from the estimated $7.4 billion, including financing costs, when it was sanctioned. #MuskratFalls
https://www.thestar.com/news/canada/2022/12/17/after-10-years-muskrat-falls-has-left-deep-wounds-in-newfoundland-and-labrador.html

@fssofdeath Well, if spending and revenue don't balance, the first place to look for an explanation is with those who made the decisions. https://nationalpost.com/opinion/john-ivison-flat-broke-newfoundland-is-a-cautionary-tale-for-other-big-spending-governments-in-canada makes the claim that NL hired too many civil servants and increased their wages too much — but probably there's more to the story, such as low pre-existing wages. #MuskratFalls is clearly a financial disaster of its own, though I don't know what went wrong there. Bad management? Over-optimistic planning?

#nlpol