Every member of the B.C. Legislature should memorize the Iron Law of Megaprojects.
The law applies to nine out of 10 megaprojects under construction in Canada or around the globe.
It’s pretty damn simple: “Megaprojects will be over budget, over time, under benefits, over and over again.”
The unneeded Site C dam, the largest infrastructure project in the history of the province, proves the law and then some.