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Suspicion about private finance schemes growing in the UK
On May 16th British Columbia’s Auditor General published a report on Vancouver General Hospital P3 that raised serious doubts about public private partnerships in British…
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British Columbia Auditor finds costly failings in Province’s first hospital P3
A new report by British Columbia’s Auditor General has debunked nearly every benefit claimed so far for public private partnerships (P3s). The Auditor General’s report…
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Quebec Auditor General slams P3s in hospital project
Quebec’s Auditor General has issued yet one more report slamming the use of public private partnerships (P3s). With P3s, private corporations finance and operate public…
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Problems for the South Fraser Perimeter Road P3?
There are some interesting recent developments on the South Fraser Perimeter Road (SFPR) public private partnership project. A press release issued Friday afternoon announced the…
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The Premier speaks out on labour issues
On April 27th I posted about the BC Federation of Labour’s report on the impacts of changes to BC’s workers compensation system under the current…
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Is the stimulus killing the P3 model?
While BC has not formally abandoned the P3 model, there is a notable absence of new P3 projects at a time when billions of dollars…
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History lessons for Carole Taylor
Former Finance Minister Carole Taylor was in court last week testifying in a lawsuit arising from damage to Cambie Street merchants from the Canada Line.…
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And Another Thing About the Port Mann non-P3
Now that the government has abandoned private financing of the Port Mann, it’s time to make the bigger but equally sensible leap and abandon the…
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Cancelled P3 saves $200 million
Wow. Things can change pretty quickly in a day. Apparently the Port Mann Bridge P3 was just too ridiculous. Jeff Nagel already has a very…
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Death of a P3
And so the P3 financing deal for the Port Mann Super-Bridge died, conveniently right when it will get the least media coverage. Here’s the breaking…
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P3s? Fairly ridiculous
They keep moving the goal posts for using public private partnerships (P3s) in BC to procure large projects. Government officials have argued in the past…
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Electricity Policy in BC: “Buy High – Sell Low”
It was only a one-liner in the budget — the government plans to spend $10 million to advance the $400 million Northwest transmission line project…
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