The UBC report says that under BC Hydro's forecasted demand for electricity, cumulative losses would be nearing $2.7 billion by 2036. Experts said that could mean electricity from Site C won't be fully needed for nearly 10 years after the project's expected completion date in 2024. (Christer Waara/CBC)"The business case for Site C is far weaker now than when the project was launched, to the point that the project is now uneconomic," said UBC's Karen Bakker, who co-authored the report. Liberal Leader Christy Clark said Site C is still the right option for B.C., given the growing provincial population. We need it to be affordable power and we need it to be clean power — and the only way to achieve that is through the Site C Clean Energy project," she told media.

Source: CBC News April 19, 2017 00:31 UTC