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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... B.C. government bails out Port Mann P3
There's a lot of questions being raised about the future of using so-called public-private partnerships to provide major infrastructure projects like the Port Mann Bridge and Highway 1 expansion. Just yesterday, the treasurer of California argued that the P3 model Governor... 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... Will the German government become defacto shareholder in BC P3s?
The German bank that's involved in the financing of three high profile public-private partnership (P3) projects in British Columbia may be partially nationalized by the German government. Hypo Real Estate (HRE)... 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 market-battered Macquarie Group -- has been unable to secure...Victoria girls' softball team hits home run against Little Lea...
"Little League Baseball Canada" " Little League Baseball Canada has struck out with the B.C. Human Rights Tribunal, losing a sex discrimination case filed by a Victoria girls softball team. The tribunal has ordered the league to pay $1,000 each to 13 members of the Beacon... BC P3 banker embroiled in Italian bond scandal
Depfa Bank, a major lender to public infrastructure projects in British Columbia, has found itself embroiled in a major bond scandal involving Italian local governments, according to The Telegraph newspaper. 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 on France's benchmark CAC index this past year, ahead of... Insider trading investigated at bank linked to BC P3s
Hypo Real Estate (HRE), the real estate and public finance bank linked to several high profile government projects in British Columbia, is being investigated by German prosecutors for suspicion of insider trading.... B.C. P3 banker sued over alleged lack of financial disclosure
Investors are suing the German bank that's financing two hospital projects in British Columbia. Hypo Real Estate clients are alleging that the bank failed to disclose in a timely manner its exposure to the market... TheStreet.Com - Captured Journalist Heaven
One of the central themes of The Story of Deep Capture, Mark Mitchell’s epic work of media criticism, is that the staff of TheStreet.com is overwhelmingly beholden to the interests of a few criminal, short-selling hedge funds. Herb Greenberg, Dan Calorusso, Dave Kansas,... 1415 views | 19 recommendations | 0 comments
Bank Linked to B.C. p3s Raided by German Prosecutors
German prosecutors have raided the offices of a company linked to two high profile hospital projects in B.C. " German prosecutors said Wednesday they have searched the offices of troubled lender Hypo Real Estate... Snowfall Warning for Vancouver, BC
Snow like this is so unusual for Vancouver that it will certainly shut the entire city down! "TOTAL ACCUMULATIONS OF 5 TO 15 CM OF SNOW EXPECTED OVER METRO VANCOUVER..FRASER VALLEY AND PORTIONS OF VANCOUVER ISLAND... Top Members Today
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