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Showing posts with label Government of Canada. Show all posts
Showing posts with label Government of Canada. Show all posts

Monday, 9 April 2018

A DEBACLE AND THE FEDERAL GOVERNMENT'S ROLE IN IT (Part II)

This is part II of a report chronicling Ottawa’s role in the Muskrat Falls project as both enabler and colluder with the Government of NL and Nalcor.  It discusses numerous areas, albeit briefly, where the Feds ignored blatant holes in Nalcor's business case for the project, each embodying the certainty of project failure. It also describes how they empowered Nova Scotia to control award of the Federal Loan Guarantee (FLG), failed to perform essential due diligence after the project was sanctioned and, inexplicable, failed to intervene as the project's price tag doubled for reasons it had an obligation to all the taxpayers of Canada to understand.