Category Archives : Public-Private Partnerships

Asking the right questions: A guide for municipal officials considering P3s

With growing financial and political pressure on municipalities to use P3s, this guide is a timely resource that answers key questions about financing and delivering infrastructure projects.  With this guide, municipal councillors and civic officials will be able to ask the right questions before considering entering into a P3.  For more information, to download the READ MORE

Report finds P3’s substantially more expensive than the public option

Forensic accountant, Ron Parks has co-authored a report that evaluates four P3 projects completed in BC, The Canada Line, Sea-To-Sky Highway improvements, the Diamond Ambulatory Care Centre and the Abbotsford Regional Hospital for their financial costs. His findings show that P3’s are substantially more expensive than the public option due to hidden costs. While publicly READ MORE

BC municipal leaders show strong support for keeping water public

}At the Union of BC Municipalities conference, municipal leaders passed the Blue Communities resolution, “the resolution asks for the federal government to provide funding for public water infrastructure and delivery projects and “unhook” funding for water infrastructure and maintenance projects from public-private partnerships (P3s).” Most BC municipalities have publicly owned water facilities and leaders want READ MORE

New resource guide essential reading for local officials considering P3 projects

“P3s are complicated and politically contentious. They shift the role governments play in the delivery of public services and infrastructure,” says Charley Beresford, Columbia Institute’s Executive Director. “On balance, our research shows that P3’s do not support the public interest.” columbiap3_eng_v8-webpdf.pdf

In U.S., a hot debate on infrastructure privatizing

In the aftermath of the recent economic recession, many U.S. state governments are tempted to follow Chicago’s successful use of P3s to raise money. P3s, or “public-private partnerships” hand public assets to private businesses to run them as profit enterprises. P3 critics however argue that states will subjecting taxpayers to higher costs and greater risks READ MORE

P3s Make News Across the Country

P3s made headlines across the country this week. Newspapers in Halifax, Montreal, and Edmonton all carried pieces that questioned the supposed benefits of the P3 model. Last week the Globe and Mail Business Section also featured a piece that challenges the federal government’s current P3 push. Here are the links to the articles: P3 Schools’ Budget Doubles Edmonton Journal Architect Erases Himself from Hospital Design The Gazette, Montreal Beware P3 Rec Centres, Says Ottawa Councillor Edmonton Journal Why the Rush on P3s? Globe and Mail   READ MORE