Muskrat Falls: A Case Study in Megaproject Mismanagement

Project Description

This research paper examines the Muskrat Falls hydroelectric megaproject as a case study in infrastructure financing, public risk exposure, and megaproject mismanagement. The paper focuses on how inaccurate early estimates, weak oversight, fragmented delivery structures, and political decision-making contributed to severe cost overruns and long-term financial burdens.

It also explores the broader planning implications of megaproject governance, including public-private risk allocation, federal loan guarantees, environmental concerns, and Indigenous consultation.