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Montreal P3 'superhospitals' in doubt as private financing tanks
Public-private partnerships, the infrastructure development model hailed by some as a superior way for governments to provide hospitals, highways, schools and other large-scale projects to taxpayers, have taken... Port Mann P3 scuttled by Victoria over lack of private finance
The B.C. Liberal government has ditched plans to build the new Port Mann bridge crossing through a so-called public-private partnership (P3) and will now finance the project directly. That's a dramatic reversal for... Port Mann bridge partner reports massive losses on toll roads
The key investor behind the public-private partnership building and operating the new ten-lane Port Mann toll bridge today reported a loss of over $1 billion (CAD). Macquarie Group's infrastructure arm took the... B.C. P3 lender burning through government loan guarantees
The Belgian-French bank that's supplying the financing to several public-private partnership (P3) projects in British Columbia has exhausted half of the government guarantees it received in a September bailout.... Macquarie signals huge losses day after P3 mega-bridge announced
Just a day after the B.C. Liberal government announced plans to supersize the new Port Mann bridge crossing comes news that the project's private partner is facing major write-downs on its other infrastructure... P3s cost more, says prominent B.C. forensic accountant
A new study by B.C.'s best-known forensic accountant concludes that so-called public-private partnerships (P3s) for public projects cost more than if they were financed directly by government. The study also finds... Schwarzenegger's P3 schemes rapped by California treasurer
In an op-ed published in today's Sacramento Bee, California's state treasurer takes on proponents of public-private partnerships and makes the case for funding public infrastructure projects by issuing municipal... World credit crunch makes local P3 projects risky propositions
The Vancouver Sun has published a major feature that raises serious questions about the financial health of privately-financed infrastructure projects in British Columbia.The investigative report comes a day... P3 financing for Port Mann bridge uncertain
A plan to privately finance the twinning of the Port Mann Bridge and widen Highway 1 through a public-private partnership (P3) appears to be on shaky ground. The Australian financial partner in the scheme -- the... Claimants sought for class action against bank linked to BC P3s
A Frankfurt-based law firm is warning investors in Hypo Real Estate (HRE) that time may be running out to make claims for damages against the troubled German lender.The firm Winheller Attorneys says that... B.C. P3 lender posts largest 2008 loss on key European index
Dexia, the Belgian-French bank that's bankrolling three major infrastructure projects in British Columbia, saw its stock value plummet by more than 81 per cent in 2008. It was the largest loss by a company listed... European bank funding BC P3s may be broken up by new owners
Dexia, the Belgian-French bank that's involved in several public-private partnership schemes in British Columbia, may be broken up by the governments who bailed it out. The bank is providing financing for the Royal Jubilee Hospital expansion in Victoria, a new Surrey...
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