Sturgeon Refinery costs balloon again to $9.7 billion

The cost of the Sturgeon Refinery has ballooned yet again, rising by $300 million to $9.7 billion. 
The latest increase follows a set of delays and gradual bumping up of project costs over the last few years. Last month, a proposal to build the second phase of the refinery was withdrawn. 
The refinery is the first in three decades to be built in Alberta, located northeast of Edmonton in the Industrial Heartland. It’s supported by the Alberta government through loan guarantee