McCullough Research’s new study on the Site C Dam reveals startling omissions — including a $1 billion loss in interest-rate derivatives not disclosed by BC Hydro.

Markham interviews Robert McCullough, McCullough Research in Portland, OR, about his new study that shows, among other insights, that BC Hydro has already lost $1 billion in its interest rate derivate strategy but didn’t include that loss in the latest Site C financial update.