Rising costs drain contingency fund for Canada’s new fisheries science ships

According to a memorandum prepared for Jonathan Wilkinson, the former minister of fisheries and oceans, the project had already used $19 million in contingency funds by May 2019. But more was needed, the memo said, to cover “escalating project costs such as labour rates and owner’s changes, as well as other unexpected increases to project costs including transition into service costs.” “Access to the remainder of the contingency funding [redacted] is now required,” the two-page memo said. >click to read< 10:21

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