TMX 70% over budget.

[wade]

When Bc was flooded, all the infrastructure got repaired quickly,

Rumour was because of all the equipment handy because of pipeline.

Wonder how all that got charged out? To hiways or added to pipeline cost
for accounting reasons? And if equipment already there, saved cost on moving and quick
rebuild for lost revenue. (Don't know why they worry about lost revenue and not about
creating it)

[shtferbrains]

Basic money laundering.
Spend all you can and skim is bigger.
Has SNC ever been involved in anything that the budget didnt blow up?

They did the carbon capture for sask. Way over budget and way under preformance.
But no complaints.
And alway more work waiting for them.
They have the formula for success!

[Hamloc]

It went directly into the pockets of SNC Lavalin, and from there, I can only speculate, but Trudeau must have had some very expensive motivation to remove Raybould to get SNC back on the approved vendor list for the federal government.

I had suspected this right from the start, when TMX kept being postponed, and everything was being done to get SNC back on board.

Finally got confirmation today from contractors, that every expense has to go through/be approved by a company set up by SNC Lavalin, for which they get their cut. The percentage suggested is obscene, so I won't repeat it unless it can be verified.

One thing is for sure AB5 there won’t be any investigation done by Canadian media into this, they simply regurgitate what the government tells them. Maybe Fox News could investigate?!

[Retired]

Mandatory percentage of the workforce native content. Means excess bodies doing nothing, just because.

Stop work orders over every possible bit of chert found.

24hr Security costs, because of all the radicals that want to vandalize equipment.

Heavy snowfall Valemount to Clearwater and along the Coquihalla, means equipment spends all their time moving snow.

The flood delays, people and equipment costs while nothing is getting done.

Government and associated consultant overreach. I don’t know anything government operated that is considered capitalist, that is a new one.

Those things were all there before gov bought in. As for gov operated ?? who does gov work if not capitalist companys I am not aware of any pipeline cos that are gov owned and operated. Yes any time the gov gives out contracts all the thieves and crooks start figuring out how to steel all they can.

[shtferbrains]

"Finally got confirmation today from contractors, that every expense has to go through/be approved by a company set up by SNC Lavalin, for which they get their cut. The percentage suggested is obscene, so I won't repeat it unless it can be verified."

When you have a lot of envalopes to stuff to go all the way up the line to the top you need that exta.
The next step is do substandard work and pay off the inspectors.
SNC doesn't have to work in shithole countries anymore. They work right across Canada.
They must be doing hydro referb for Sask Power.

[AlbertaFarmer5]

"Finally got confirmation today from contractors, that every expense has to go through/be approved by a company set up by SNC Lavalin, for which they get their cut. The percentage suggested is obscene, so I won't repeat it unless it can be verified."

When you have a lot of envalopes to stuff to go all the way up the line to the top you need that exta.
The next step is do substandard work and pay off the inspectors.
SNC doesn't have to work in shithole countries anymore. They work right across Canada.
They must be doing hydro referb for Sask Power.

An acquaintance of mine worked for a federal regulator, and spent some time in Quebec. What SNC is accused of is just standard procedure in Quebec. They don't even attempt to hide it from the feds. If Contractors don't play by the rules, and bribe all the right organizations (and not all of them legal entities), they don't do any business, or worse.
Those entities have much more persuasive tactics than the government regulator.
It was a real shock to a naive westerner.

[shtferbrains]

To bad we have it moving out here. We didn't know how lucky we are.

Once they get the inspectors taking payoffs everything goes for shit.

Lots of the money laundering in BC real estate comes from Chinese
Bureaucracy.

[therealnorthernf]

I have boots on the ground at the pipeline.. One guy who has 20 years experience in pipeline work says.. Money is no issue.. find a pot hole with a few tadpoles in it, stop work move all the equipment a few miles and start over until they come across another reason to stop and move again... they spend more time moving equipment then working.. The gov't project manager has never had any experience with pipeline work, maybe no experience at all in construction.. lots more paperwork, fewer crew chiefs and a shortage of skilled pipeline workers.. covid restrictions that have 20-30% of the work force on sidelines..

Another guy just laughs at the 70% over budget, he thinks it is way over 100%... never saw anything like it before in his entire career.. Blames it all on the Gov't project manager.. wait forever to get any question answered, policy is always changing so continually having to get permission to do anything.. compared to other jobs nothing is getting done...

But the Big reason costs have sky rocketed.. all construction contracts are: Time Plus Costs... First Canadian pipeline being built under that type of contract.. The contractors don't give a damn when this gets done, they are making money and have no skin on the line..

Both guys believe this might be the last large scale pipeline ever built in Canada

Thank a Liberal

[sawfly1]

Of course liberals and snc are corrupt.
Conservatives just have different ones to be corrupt with.
Liberal or conservative, the same people pull the strings. And it is not the voters.

[shtferbrains]

Once corruption starts it is to good for any political group to stop.
Some individuals from any party might speak out but the ones at the top are set for generations.
Nobody rocks the boat.