Tag Archive: Port Mann

BC’s economy and the Liberal platform

Apr 29, 2009
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… View Article

BC’s Carbon Tax Clash

Apr 15, 2009
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…. View Article

The wrong kind of stimulus

Mar 13, 2009
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… View Article

Beggar-thy-neighbour politics in Metro Vancouver

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… View Article

And Another Thing About the Port Mann non-P3

Mar 4, 2009
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… View Article

Cancelled P3 saves $200 million

Feb 27, 2009
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… View Article

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 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… View Article

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

Feb 12, 2009
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… View Article

Forensic auditors say P3s expensive, biased and secret

Jan 29, 2009
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… View Article