The Site C Dam location is seen along the Peace River in Fort St. John, B.C., on April 18, 2017. (Jonathan Hayward/The Canadian Press）
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British Columbia’s power utility says it should have been more proactive about ballooning costs on the massive Site C hydroelectric dam project, partly blaming a failure to budget for “low-probability, high-consequence risks.”
BC Hydro says in a “lessons learned report” to the British Columbia Utilities Commission that it’s on track to complete the project on the Peace River within a $16 billion budget.
