Privatization, P3s & public services

Will offsets be the “indulgences” for our LNG sins?

Jul 18, 2014
In June 2014, the BC government reported on its progress towards the 2007 Greenhouse Gas Reduction Targets Act, which calls for a one-third reduction by 2020 in GHG emissions (relative to 2007 levels) and an 80% reduction by 2050. The BC government claimed to have met a key milestone: an interim target of a 6%… View Article

BC’s controversial contract obligations dwarf its debt

Most of the discussion around the delivery of British Columbia’s public accounts this week has centred on debt (Marvin Shaffer makes excellent points in the previous post on why debt is not always bad) and on how BC got the money to balance its books. Something else worth looking at, however, is British Columbia’s non-debt… View Article

Quebec’s Auditor General slams highway public private partnership

Jun 12, 2014
Yesterday Quebec’s Auditor General came out with a report slamming public private partnerships in that province.  The special audit was conducted at the request of the Conseil du trésor.  It looked at the agreement for the seven service areas on Québec’s highways. The following is a summary of the findings. The analysis conducted to demonstrate… View Article

Britain and British Columbia now moving in different directions on P3s. BC taxpayers may be the losers

May 20, 2014
A dozen years ago when Gordon Campbell’s newly elected British Columbia government decided it wanted to build its infrastructure with public private partnerships (P3s) it turned to England for advice.  The British model for infrastructure shaped much of what BC did in the ensuing years.  Lately, British Columbia and the UK have been going in different… View Article

You always learn something when accountants feud

Dec 9, 2013
Every year in BC people who follow government get an early Christmas present in late November,  For the better part of a week BC’s Auditor General sits down with the legislature’s Public Accounts Committee (PAC) to talk about the Auditor General’s reports. This year’s encounter was quieter than some in the past.  Former Auditor General… View Article

BC hospital P3 ownership moves to tax haven

Nov 6, 2013
One more of British Columbia’s public private partnerships (P3s) has headed on down the road to ownership in a European tax haven.  Bilfinger Berger Global Infrastructure completed deals last summer to acquire equity and loans for the Kelowna Vernon Hospital.  It is also buying out equity and loans on Alberta’s North East Stoney Trail highway… View Article

What’s the Canada-EU trade deal all about?

Nov 4, 2013
Chances are, you’ve heard about the Canada-EU trade deal. It’s hard to miss, what with the federal government hard at work staging photo-ops and events across the country, promoting the deal as a major win. The official sales pitch focuses on the trade aspects of the deal – lowering or eliminating tariffs between Canada and… View Article

BC governments extends outsourced health information management despite issues raised by Auditor General

Mar 11, 2013
British Columbia’s government today announced it had extended its agreement with Maximus BC, a US subsidiary corporation, to manage BC’s health information for another five years. The $264 million contract will run from 2015 until 2020. The original contract began in 2005.  That ten year deal cost $324 million.  On a comparable basis the new five year… View Article