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...

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...

Vancouver city election descends to new levels of pettiness

Gregor Robertson's provincial rivals are now wading into Vancouver's civic election."British Columbia Transportation Minister Kevin Falcon says a former provincial MLA from the Opposition benches is a transit...

$14 billion earmarked for BC transit

UPDATE: The new transit budget was just announced.  Lots of money.What do people think?  This is being touted as the biggest infrastructure project in BC's history.  Rant or rave in a comment...

Remembering Pierre and Harriet

Last week the BC environmental movement lost two of its foot soldiers in the shape of Harriet Nahanee and Pierre Rovtar. Harriet was instrumental in the Eagle Ridge bluffs protest and at 71 had been sent to...