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.
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.
“The subsidies that privatization schemes like social impact bonds require are eating up funds that could be spent on front-line services Manitobans need.” — Larry Brown, NUPGE President
OPSEU member Steve McPherson wins first place in North American roadside inspector competition.