Saturday, April 4, 2009

Inflation Behind $700M MUHC Increase: Project Chief

Artist's rendering of the Université de Montréal (CHUM) hospital centre. According to Quebec auditor-general Renaud Lachance, the cost of the CHUM hospital is up 81 per cent over previous estimates.

From The Montreal Gazette:

Inflation alone – not mismanagement – is to blame for the $700-million increase in the price tag of the future McGill University hospital, the project’s top executive insisted Friday.

Arthur Porter, director general of the McGill University Health Centre, denied that he has ignored “spending limits” – a criticism made on Wednesday by Quebec’s auditor general.

In an exclusive interview with The Gazette, Porter went into great detail explaining how everything from the cost of building roads to the price of steel and concrete have gone up because of “industry-specific inflation.”

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