Quote:
Originally Posted by nik-
Again, explain how both sides are getting nervous about rising costs when it was agreed that the Flames were the ones eating the cost increases.
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That agreement was made a lot less than 18 months ago. Up to that point, the costs were already rising and were split 50-50. It isn't just CSEC that was on the hook for more than they expected.
That said, with CSEC having to pay for all overruns
during construction, at a time when the entire global supply chain is subject to frequent and expensive disruptions, it's a no-brainer for them to refuse that risk. There is simply no telling how much this project would actually have cost by the time it was actually completed. Anybody remember Jean Drapeau's baby?