News (14)

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Privatization scheme bribery case ends with guilty plea on least serious charge

A series of criminal trials over a bribery scandal over a P3 privatization scheme ended last week with people admitting that $22.5 million in bribes were paid, but with no one being convicted of actually paying them. For those naïve enough to believe that the justice system does a good job of policing the privatization industry, it was a very bad week.

Source: PSI

CUPE NS calls for transparency legislation governing public-private partnerships

CUPE Nova Scotia calls for transparency legislation governing ‘public-private partnerships.’ “The recommendations are based on research and discussion coming out of a panel discussion on P3s and transparency held in Halifax on November 13, 2018. ‘We need to stop the drain on our finances, and one of the first steps we can take is to legislate disclosure in reporting how our money is spent,’ says CUPE Nova Scotia President Nan McFadgen. ‘There should be no secrets when public money is spent on public infrastructure and services.’”

Source: Canadian Union of Public Employees

No evidence that P3s will save money or be in best interest of province’s people

The NDP is denouncing the Ontario government for declaring that it will it will use a public-private design, build, finance, and maintenance P3 model to build the Waterford hospital replacement. NDP Leader Gerry Rogers “says EY was paid $1.7 million to evaluate the best financial model for building a P3 facility in Corner Brook. EY drew up comparison budgets and then recommended a P3 project. Government then gave the same firm the procurement contract for this new project. ‘Can he explain this very apparent conflict of interest?’ Rogers asked of the Premier. ‘Will he invite the Auditor General to review the P3 contracts now going forward and report to the House on her findings?’”

Source: NL NDP

Documents (2)

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Asking the right questions: A guide for municipalities considering P3s

In this guide, economist John Loxley takes a critical look at the case for and against using public-private partnerships (P3s) for municipal infrastructure.His analysis goes beyond the claims made by P3 promoters to examine the costs and consequences of privatizing vital community assets. Through a series of questions, Dr. Loxley outlines the problems that accompany infrastructure and service privatization, and highlights the value of keeping vital assets and services public. 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.

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New Forms of Privatization

PSI affiliate, The National Union of Public and General Employees (NUPGE), Canada, has released an update of a report on privatisation and emerging threats to public services—New Forms of Privatization. While privatisation schemes may be changing, the motivation has not. “Privatisation is still about helping wealthy corporations or individuals make a profit at the public’s expense,” said Larry Brown, NUPGE President

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