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The enormous cost of public-private partnerships
Three recent BC public private partnership (P3) hospitals developed in co-operation with the province’s Partnerships BC (PBC) will cost the public $260 million more than…
Privatizing public infrastructure is enormously costly. Let’s not repeat the mistake.
An announcement is expected next week on a plan for the long-awaited Victoria wastewater treatment plant, which has been the subject of ongoing controversy about…
You always learn something when accountants feud
Every year in BC people who follow government get an early Christmas present in late November, For the better part of a week BC’s Auditor…
BC hospital P3 ownership moves to tax haven
One more of British Columbia’s public private partnerships (P3s) has headed on down the road to ownership in a European tax haven. Bilfinger Berger Global…
Are tax havens robbing the government of revenue from P3s? Nobody seems to care
When British Columbia sets up public private partnerships (P3s) to let the private sector operate hospitals, roads and bridges, one of the considerations is taxes.…
Construction industry accuses Partnerships BC of conflict of interest
I think that Philip Hochstein, president of the Independent Contractors and Business Association, is probably more hostile to the interests of working people than just…
How the rules got fiddled to make sure a public private partnership got pushed through
In 2008 British Columbia’s controversial public private partnership (P3) program was in trouble. With P3s private companies put up financing for public services and infrastructure…
Tax haven based company buys more BC P3s: British Auditor General questions profits in such transactions
Two of British Columbia’s public private partnership (P3) projects have changed hands again and once again the new owner resides in a European tax haven.…
New Brunswick Auditor General latest to blast public private partnerships
One more provincial Auditor General has come out swinging at public private partnerships (P3s). Last week New Brunswick’s AG released a report on two P3…
Public private partnerships under increasing attack in the UK
While British Columbia continues to invest billions in public private partnerships(P3s), a UK Parliamentary Committee today told its government to “wean itself off the practice.” The…