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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. Dexia is a financial partner in the Royal Jubilee, Kelowna and... 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 market-battered Macquarie Group -- has been unable to secure... 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... 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... British Columbia P3 Lender Has Exposure in Madoff Scandal
Dexia, the Belgian-French bank that's backing a number of the B.C. Liberal government's public-private partnership (P3) schemes to build bridges and hospitals, has admitted that it could face serious losses as a result of the Madoff fraud case. " Franco-Belgian lender... Hansen, Baird Continue to Push p3s Despite Global Warnings
The federal minister in charge of transportation and infrastructure, John Baird, will be meeting today with B.C. finance minister Colin Hansen to talk about fast-tracking infrastructure investments to offset the slowdown in the economy. Both the B.C. and federal... B.C. bridge banker short on cash for U.K highway project
A British newspaper is reporting that Dexia, the Franco-Belgian bank involved in financing B.C.'s Golden Ears Bridge project through a so-called public-private partnership (P3) deal, has failed to come up with the... Government privatization agency downplays financial risk to Victoria hospital...
The head of the B.C. government agency charged with promoting privately financed public infrastructure has a rosy view of the current credit crisis facing the European banks that are putting up the capital for an...Second Belgian bank gets bail-out
A second Belgian bank has had to be rescued by a coalition of the Luxembourg, Belgium and Netherlands governments. The announcement that Dexia will be bailed out comes one day after the countries announced they...
created by Dave Keating | 4 years ago | updated 4 years ago
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