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Audit finds Muskrat Falls cost overruns became obvious soon after megaproject got underway

Audit finds Muskrat Falls cost overruns became obvious soon after megaproject got underway

An audit has found executives overseeing the Muskrat Falls megaproject should have been aware that it would be almost impossible to meet cost and schedule targets. The forensic audit into Muskrat Falls’ construction was presented to the inquiry into cost overruns Monday by accounting firm Grant Thornton. Help us improve Globalnews.ca READ MORE: I didn’t question…

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Construction underway for fully off-the-grid commercial development in Kelowna - Okanagan

Construction underway for fully off-the-grid commercial development in Kelowna – Okanagan

It’s not your usual commercial development: A self-storage facility combined with a co-workspace. But that is what Kelowna, B.C., is getting at the corner of Ellis Street and Bay Avenue. Parent company Ulmus Development claims EcoLock Kelowna will be the first fully off-the-grid, “green” commercial development of its kind in North America. The five-floor and…

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