Ottawa (09 Aug. 2019) ― A recent Canadian Centre for Policy Alternatives (CCPA) blog post explains why P3 privatization schemes are still being approved. Using a graph from a report by the United Kingdom National Audit Office (NAO) on P3 privatization schemes, the post shows why politicians who only think in the short-term, like P3s.
It’s a measure of how much secrecy surrounds P3 privatization schemes that councillors weren’t even allowed to know if the companies being awarded contracts had met the minimum technical requirements.
As long as the federal government continues to take a hands-off approach to the economy and to use P3s and other privatization schemes, there is a good possibility we will see a repeat of the SNC-Lavalin scandal. What’s needed is a change in direction.
Low- or middle-income Canadians who falsely claim too much from government programs will find themselves in court faster than you can say “P3 privatization scheme,” but large corporations walk away with millions and barely get a slap on the wrist.