Many Dangers of Public-Private Partnerships (P3s) in Newfoundland and Labrador

October 6, 2020
606.3 KB57 pages

Many Dangers of Public-Private Partnerships (P3s) in Newfoundland and Labrador provides evidence about these deals that should make Newfoundlanders and Labradorians very concerned about how their government is making decisions when it comes to spending public revenue.

On the surface, while P3s might look like the best option to build badly-needed infrastructure, this report identifies many hidden dangers that will be locked-in for 30-years. Should the NL government proceed with its current plan to use a P3 model for five current and upcoming projects, including hospitals and long-term care facilities and a prison, it will have solved some immediate infrastructure needs at the price of a long-term costlier headache.