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B.C. politicians ask for audit of $3.86 billion North Shore water treatment plant

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Wastewater Treatment Plant News

Metro Vancouver,Lower Mainland,Michael Pickup

VANCOUVER — A group of local politicians from B.C.'s Lower Mainland are asking the provincial auditor general to investigate how the cost of a wastewater...

VANCOUVER — A group of local politicians from B.C.'s Lower Mainland are asking the provincial auditor general to investigate how the cost of a wastewater treatment plant could balloon to $3.86 billion.

The original cost of the North Shore Wastewater Treatment Plant in 2018 was $700 million and it was expected to open in 2020, but the Metro Vancouver regional district fired the contractor over construction delays in 2021. A statement from the auditor's office says it did receive the request, and because there is provincial involvement, it would be something the office could look into, but its policy is not to discuss work under consideration for an audit.Softer-than-expected U.S. inflation lit a fuse under investor risk appetite and asset prices on Wednesday which should fire up animal spirits across Asia on Thursday, although a hawkish tilt in the Fed's new economic projections could put a lid on things.

 

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