Privatization, P3s & public services

Teeny Budget factoid

Sep 3, 2009
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It appears when it comes to the heavy lifting of cutting spending in BC, not all public agencies are equal. The February Budget documents stated that: To ensure that health services are protected in the current economic environment, the Ministry of Health Services and health authorities will be required to achieve efficiencies and administrative savings… View Article

Reading the entrails of BC’s election

May 13, 2009
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Three-peat. Hat trick. The media is full of jubilation for the re-election of the Campbell Liberals. But looking at the numbers, it was actually quite close: the BC Liberals got 45.7% of the popular vote, compared to 42.2% for the NDP. This slim margin validates the Angus Reid polling camp, which came closest on estimating… View Article

The Premier speaks out on labour issues

Apr 30, 2009
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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 government. Today Tom Sandborn writing for the Tyee posted a story quoting Premier Campbell’s response to health and safety issues. The story also dealt with the NDP and labour issues,… View Article

Happy April fools day. Welcome TILMA

Apr 1, 2009
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As of April 1st, the people elected to run our municipalities and school boards had better think twice before they make a decision that might affect the profits of a corporation. On April 1st the Trade Investment and Labour Mobility Agreement (TILMA) between Alberta and British Columbia comes into full force. Its implications are far… View Article

Is the stimulus killing the P3 model?

Mar 27, 2009
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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 are being channeled to infrastructure spending. If P3s really provided value for money and brought the benefits of private sector efficiency and innovation to the delivery of public-sector infrastructure, then… View Article

History lessons for Carole Taylor

Mar 22, 2009
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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. She was sympathetic to the merchants but, “It was a TransLink project,” she said. “There’s no question the province didn’t have any control over the project.” She admitted that at… View Article

And Another Thing About the Port Mann non-P3

Mar 4, 2009
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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
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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

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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

P3s? Fairly ridiculous

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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 that the magic bullet for P3s was the combination of risk transfer and private investment. The government transferred risk to the private sector and private companies risked losing their investment… View Article