It's a little complicated because sometimes you have to spend a little bit of money up front to recognize that there's a problem, which does potentially avoid a much bigger expenditure down the road. There's obviously a rationale for spending some money on a project if you're going to take it seriously.
The question that arises, though, is: What do you do with that initial analysis? I would have thought anybody looking at the Ontario electricity system at that stage would have had some pretty serious questions about where this was going and where it fit. The fact they proceeded anyway is the part that worried me more.
As I said, sometimes that upfront investment and due diligence makes sense to avoid the bigger loss down the road. Some people might point in the direction of Muskrat Falls, where the problem was that the upfront assessment was ignored.