Site C update: Massive B.C. energy development will go ahead despite being delayed, over budget | CTV News

On Friday, it was announced that the project’s final price tag has once again ballooned by billions of dollars.Site C was initially estimated to cost $6 billion, and the first approved budget, back in 2014, was $8.775 billion. The budget increased to $10.8 billion in 2018.But the latest update suggests it will cost about $16 billion in total. And, in addition to a higher budget, the date of completion has been pushed back to 2025 – a year later than the initial target.

Source: Site C update: Massive B.C. energy development will go ahead despite being delayed, over budget | CTV News

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