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Nova Scotia Imitates Alberta 2 |
| Published: November 23, 2007, 4:53 am |
| Tags: nova scotia, infrastructure, public private partnerships, p3 |
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In another example that the old neo-con ideal is not dead yet, Nova Scotia like Alberta is once again looking at P3's as a solution to long term funding of infrastructure. Despite its failure in that province previously. And like Alberta, which has a labour boom while Nova Scotia has a labour deficit, the costs will rise because of scarcity of labour. Those costs will be passed on to taxpayers if not now then over the life of the P3 agreement.Once hailed as the new vision of the right, privatization, P3's and contracting out have proven to be a billion dollar boon-doogle and not a solution to rising costs. They are in fact simply taxpayers paying private companies to provide services that make them profit, by cutting wages and providing poorer quality, and they end up costing us more in the long run. It looked good on paper, but as with most of these ideas from the seventies they have proven their time has come and gone.In fact in Canada it is your and my pension funds that paying [ Full article ] |
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