Memo to Colin Hansen: Time for forest industry reality check

Mar 2, 2009
If Finance Minister Colin Hansen’s budget forecasts are right, British Columbia’s battered forest industry is in for a modest recovery this coming fiscal year and a more robust recovery in 2010/2011. Gian Sandhu isn’t buying it. Owner of the Jackpine Group of Companies in Williams Lake, Sandhu was a leading light in British Columbia’s interior… View Article

Cancelled P3 saves $200 million

Feb 27, 2009
Wow. Things can change pretty quickly in a day. Apparently the Port Mann Bridge P3 was just too ridiculous. Jeff Nagel already has a very interesting article in the Surrey Leader on the cancellation of the public private partnership. He includes the following quote from the Partnerships BC boss Larry Blain. Critics have long said… View Article

Death of a P3

Feb 27, 2009
And so the P3 financing deal for the Port Mann Super-Bridge died, conveniently right when it will get the least media coverage. Here’s the breaking news from the Sun: The province has been unable to reach a finance-arranging deal with the consortium that was to build the new Port Mann Bridge, transportation Minister Kevin Falcon… View Article

Behind the dramatic drop in the budget of the Ministry of Tourism, Culture and the Arts

Feb 27, 2009
Budget commentators across the province (including Marc Lee on this blog) noted the lack of drastic spending cuts to government programs. While there were some cuts to the budgets of particular ministries, such as Aboriginals Relations and Reconciliation, Community Development and Finance, most of those did not seem debilitating (see Table 1.4 on p. 11… View Article

Axing the Forest Service: The Cuts Continue

Feb 27, 2009
Well it looks like they’re getting ready to wield the axe yet again at the Ministry of Forests, and that the latest victims will join a long list of their sisters and brothers whose jobs were to protect the public interest and ensure that our publicly owned forests were responsibly managed. In its latest annual… View Article

P3s? Fairly ridiculous

Feb 27, 2009
They keep moving the goal posts for using public private partnerships (P3s) in BC to procure large projects. Government officials have argued in the past that the magic bullet for P3s was the combination of risk transfer and private investment. The government transferred risk to the private sector and private companies risked losing their investment… View Article