Public-Private Partnerships: User Fees and Nations Projects

public-private partnerships: It would reserve profitable public infrastructure for the private sector, but have governments alone foot the bill for those schemes — such as environmental remediation and First Nations projects — that are destined to lose money, according to The Chronicle Herald. It would have the government set up a new agency to convince foreign investors that Canada is open for business. The scheme, worked out by Finance Minister Bill Morneau hand-picked advisory panel, relies on privatization, deregulation, public-private partnerships and user fees. The jargon is modern. By and large, however, the message is old: Canada is in danger of lagging. The report, released last week, talks several times about creating a flywheel of institutional capital participation — whatever that means. (www.immigrantscanada.com). As reported in the news.