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Ontario's provincial Auditor General just produced a report on our increasing use of PPPs in areas like services and infrastructure. It's available here: http:
by tapesonthefloor 12y ago
Ontario's provincial Auditor General just produced a report on our increasing use of PPPs in areas like services and infrastructure. It's available here:
http://www.auditor.on.ca/en/reports_2014_en.htm http://www.auditor.on.ca/en/reports_2014_en.htm
One conclusion is that residents of Ontario have spent up to $8 billion extra for the privilege of having private industry handle projects that could have been managed and financed publicly.
One wonders the extent to which this private industry has infiltrated government to work on the inside for its own benefit.
A Story on the auditor's report:
http://www.thestar.com/news/canada/2014/12/10/ontarios_misplaced_and_expensive_fascination_with_publicprivate_schemes_walkom.html http://www.thestar.com/news/canada/2014/12/10/ontarios_mispl...