"We can't allow things that are inaccurate to stand." — The Word of Our Dan, February 19, 2008.

Wednesday, September 16, 2009

A thought on inflation

All this talk of million-dollar cost overruns on capital projects put on the books just a few years ago, like school and recreational facilities in St. Anthony, or health-care facilities in Lewisporte, is starting to get disquieting.

At the same time, it certainly is reassuring that there are no similar reports about hundreds of millions of additional construction costs, compared to earlier estimates, on other, even bigger-ticket projects, like the Hebron oil development or the so-called Lower Churchill.


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