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In 1917, construction on the Niagara Falls hydro generating station was started with a planned cost of $76 million; 104 years later it is still operational.
Fifty years later, the construction of Churchill Falls commenced with a planned cost of $976 million.
Fifty years after that, the construction of Muskrat Falls commenced with a planned cost of $10 billion. Given the extraordinary distance between the dam and the end users of the power, in the years ahead I believe it will be the backbone of our economy and will be a great investment in our future.