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Quebec walking away from privatization partnerships

P3 agency president has stepped down, following half his board in recent months.

Pierre Lefebvre walked away from his Quebec P3 agency presidencyJune 23, 2009 — The departure of a top privatization promoter in Quebec signals the government's retreat from P3s.

According to media reports, Quebec P3 agency president Pierre Lefebvre will step down today. Half the agency's board has left in recent months without being replaced - a sign the agency could be destined for the scrap heap, along with several major projects.

As one analyst says, the Charest government will cloak its next steps as 'reflecting on the future' of the P3 formula, but what's unfolding is a "first class funeral" for P3s in the province.

Anti-P3 momentum has been building in the province for months...

To read further, please click on the link below:

Links and sources
  Quebec gov't backs away from P3s, by CUPE, June 23 2009

Posted: July 02, 2009

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