How a pipeline project, purchased by the Trudeau government, went from an initial estimate of $5.4 billion to $30.9 billion, potentially leaving Canadian taxpayers on the hook.
How a pipeline project, purchased by the Trudeau government, went from an initial estimate of $5.4 billion to $30.9 billion, potentially leaving Canadian taxpayers on the hook.
What will the budget overrun be to establish that new mechanism?
Standard practice already dictates that you double the estimate, and then double it again. Aside from the Opera House, there are no real surprises in the examples given. 90% accuracy is good enough, no? Cost starts to outweigh the benefit if you want to reach for 100%.