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....

P3 Scandal Down Under

" In a scenario that sounds like something one expects from the Alberta Government or their clones in Ottawa, Australians in Victoria have found out P3's are public funds paying for private profit."

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