CCPA Policy Note

Entries Tagged as 'Port Mann'

BC’s economy and the Liberal platform

April 29th, 2009 · · 1 Comment · Economy, Energy, Provincial budget & finance

With my oped last week on the NDP platform making me less than popular over at NDP HQ, today the Sun published my take on the Liberals’ platform, thereby guaranteeing that the list of Christmas parties I get invited to dwindles to next to nothing. BC’s Economic Challenges and the Liberal Platform By Marc Lee […]

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BC's Carbon Tax Clash

April 15th, 2009 · · 1 Comment · Energy, Environment, resources & sustainability, Taxes

With the BC election campaign now officially on, the carbon tax debate is back. Since the fall’s federal election, when the Prime Minister dropped in to beat up the carbon tax to solidify his support in BC, the carbon tax has dropped off the public radar, replaced by stories about the economic and financial crisis. […]

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Is funnelling money into shovel-ready projects the best strategy for infrastructure development?

March 27th, 2009 · · Comments Off · Economy, Provincial budget & finance

I often get asked: “Shouldn’t we support the Olympics or the Port Mann bridge (or any of the multitude of poorly handled infrastructure projects in our province) despite their substantial cost overruns on the grounds that they will create jobs and benefit the economy?” The problem with this question is that it allows for two […]

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The wrong kind of stimulus

March 13th, 2009 · · Comments Off · Economy, Environment, resources & sustainability, Provincial budget & finance

I am a big fan of stimulus packages for our ailing economy. But my pitch has been that we need to use the occasion to retrofit our economy to be on a more sustainable footing. So it matters a great deal on what we spend those stimulus dollars. If we launch projects that take us […]

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Beggar-thy-neighbour politics in Metro Vancouver

March 13th, 2009 · · Comments Off · Economy, Municipalities, Taxes

Surrey Mayor Dianne Watts made the news this week calling for property-tax-free zones in Surrey to attract new business to her city. Of course, in a climate where businesses are not making new investments, this will at best lure businesses from other parts of Metro Vancouver. Economists call these beggar-thy-neighbour policies because you can only […]

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And Another Thing About the Port Mann non-P3

March 4th, 2009 · · Comments Off · Privatization, P3s & public services, Provincial budget & finance

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 concept of a cost recovery project toll. I’m all for tolling. Unless you are a fan of the queues inevitably created by what can only be described as our current […]

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Cancelled P3 saves $200 million

February 27th, 2009 · · Comments Off · Privatization, P3s & public services

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 interesting article in the Surrey Leader on the cancellation of the public private partnership. He includes the following quote from the Partnerships BC boss Larry Blain. Critics have long said […]

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Death of a P3

February 27th, 2009 · · Comments Off · Privatization, P3s & public services, Provincial budget & finance

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 news from the Sun: The province has been unable to reach a finance-arranging deal with the consortium that was to build the new Port Mann Bridge, transportation Minister Kevin Falcon […]

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They don't pay taxes in Surrey? Who knew?

February 12th, 2009 · · Comments Off · Privatization, P3s & public services, Taxes

Transportation Minister Keven Falcon had letters to the editor this week in both the Vancouver Sun and the Times Colonist saying, “The new Port Mann Bridge will not cost taxpayers a dime.” He was saying that the bridge will be paid for by tolls but he seems to have forgotten that people who cross the […]

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Forensic auditors say P3s expensive, biased and secret

January 29th, 2009 · · Comments Off · Privatization, P3s & public services

So who are you going to believe about public private partnerships (P3s)? One side of the debate says they’re swell. They save money for taxpayers, they come in on budget and they transfer risk from governments to companies. But other people say details are kept secret from the public and that in fact they cost […]

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