-0.9 C
Fort St. John
Wednesday, November 21, 2018
Tel: 250-787-7100
Email: contact@energeticcity.ca
9924 101 ave Fort St. John, B.C.
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The cost of building Site C

Energy lawyer, David Austin says taking into account the current 2010 estimate of 7.9 billion, and inflation until the year 2024 when Site C comes into commercial operation, the inflation rate alone will raise the cost to $9.4 billion.

“Just on using a higher inflation rate, it should be another billion to a billion and a half to the capital cost budget,” Austin said. “…In northern British Columbia, we know that the Rio Tinto Alcan smelter re-built went way over budget.”

The B.C. government is set to make a final decision on Site C by the end of the year.

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