🇨🇦 Canada · 2020 · 🏗️ Megaprojects
A hydro dam to power Newfoundland and Labrador. Estimated at about $6.2 billion. Then what?
💸 Guess, then reveal the price
C$12.7 billion latest completion estimate
It generates power and, more reliably, follow-up inquiries.
What actually happened
The Muskrat Falls project’s estimate roughly doubled, from about $6.2 billion to $12.7 billion by February 2020, after delays and cost overruns. A public inquiry examined how the project was sanctioned.
Source: C.D. Howe Institute ↗ · Amount in original currency, not adjusted for inflation. An unusual cost is not automatically waste; see how we check the facts.