Last Updated Stories in privatization
Canada still has a good public system, one that must not be taken for granted. One that must be supported. One that must be remember at election time.Making a profit at the expense of people's health, what does...
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...
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...
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,...
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...
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...
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...
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...
It seems like the Indian government is determined to privatize the country's insurance industry by raising the limit on foreign investment to 49 per cent. Workers say the insurance companies in India were insulated...
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...
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...
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...
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...
Last year, the Supreme Court of Canada ruled that the B.C. Liberal government of Gordon Campbell had violated the constitutional rights of health care workers with its contract-breaking legislation, Bill 29. In...
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