Released on March 11, 2002
A study commissioned by the Saskatchewan and Alberta governments has foundbuilding a dam on the South Saskatchewan River near the Saskatchewan-
Alberta border would not be feasible.
"The estimated project costs far outweigh the potential benefits, and
building such a project would necessitate an unjustifiable investment of
public money," Minister Responsible for Sask Water Ron Osika said. "The
project is not economically viable, before even considering the possible
environmental impact."
The study's purpose was to provide an estimate of the benefits and costs,
as well as a broad assessment of the potential environmental and social
issues associated with the construction and operation of a dam and
reservoir.
The study indicates a benefit/cost ratio of about a 33 cent return on every
dollar spent. The cost of the project would exceed the anticipated value
of the benefits by $2.7 billion.
The Alberta government has also rejected the project based on the
consultant's report.
Copies of the study are available online at www.saskwater.com, as well as
in libraries in Moose Jaw, Regina, Saskatoon, Swift Current, Leader,
Burstall, Prelate, Sceptre, Fox Valley, Stewart Valley, Pennant, Cabri,
Eston, Kyle, Lucky Lake, Outlook, Riverhurst and Elbow.
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For more information, contact:
Karyn Mossing
Sask Water
Moose Jaw
Phone: (306) 694-3009