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Close Topic OptionsScrapped Oakville Ont. power plant to cost $310M
- Politics, Business, Civil, History - Posted: 30th Apr, 2013 - 3:53pm
Posts: 2 - Views: 406
Canadian Related NewsPost Date: 30th Apr, 2013 - 2:30pm / Post ID: #
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Scrapped Oakville Ont. power plant to cost $310M
Scrapped Oakville Ont. power plant to cost $310M
Canadian News
The decision to scrap the Oakville power plant will cost Ontarians $310 million dollars, which is more than seven times higher than the $40 million estimated by the Liberals.
Source: CBC | Toronto News
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Post Date: 30th Apr, 2013 - 3:53pm / Post ID: #
M cost plant power Ont Oakville Scrapped
I am always shocked by how far estimates can be from the actual cost of something. I can understand when long-term costs differ from projections, but short term costs, especially fixed costs associated with terminating a project should be fairly accurate. Having a margin of error of 700% is ridiculous.
There should be some sort of accountability for that. I understand the difference between estimate and quote, but an estimate that is that far off, isn't really and estimate.
TOPIC: Scrapped Oakville Ont. power plant to cost $310M