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Monday, March 4, 2013

P3 Could Help Deliver Clean Water--But At What Cost?

As the city decides whether or not to go ahead with a public private partnership, some concerned taxpayers are criticizing P3 as an example of the federal government abandoning its responsibility to this municipality. 

Letitica Adair of the Council of Canadians tells CHSJ News while they'll listen to what P3 Canada has to say they don't think depending on private companies for safe water is wise--since by definition, private companies are interested exclusively in fattening their bottom lines.

P3 Canada has 1.2 billion dollars in funding available for major projects like clean water. Its advocates, who appear to include Mayor Mel Norton, says the people of Saint John have spoken loudly and clearly and it's up to the city to explore all the available avenues to deliver. As well, P3 Canada representative John McBride pointed out in a presentation to council last week that it's obvious the private sector performs better if it's their money on the line.