Hopefully labour costs don't double in three years, although if they do so will tax revenue so it should be neutral there.
And delaying costs makes sense all the time. Have you never wanted to buy two things and decided that you could afford to buy one now and the other later. Currently they allocate a capital budget every year and then pay for projects from it, by spreading those projects out over longer time periods it reduces the capital costs. The reduced amount is still higher per capita than any of the other western provinces.
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