Ontario Federation of Labour

Ontario Federation of Labour

September 16, 2008 14:51 ET

OFL asks Standing Committee for Real Answers on P3s

Attention: Assignment Editor, Business/Financial Editor, Media Editor, News Editor, Government/Political Affairs Editor ONTARIO--(Marketwire - Sept. 16, 2008) - Ontario Federation of Labour President Wayne Samuelson will be asking the Standing Committee on Government Agencies to take a hard look at Infrastructure Ontario in its review of the agency that is responsible for building P3 (public-private partnerships) hospitals in Ontario.

Samuelson presents to the Committee on Wednesday, September 17 at 3:30 p.m. at the Main Legislative Building, Room 151, Queen's Park, Toronto.

"The Committee should ask for real answers on the costs of these projects and how they compare to traditional financing, rather than accept the smoke and mirrors from this government" says Samuelson. The government claims that the process for Infrastructure Ontario is open by pointing to the publicly available information: project agreements, contracts, and value for money assessments. However, when you take a closer look, the information that would provide true accountability and transparency about the real costs of this program are not available.

"P3s are a more expensive way to finance the investments that we need in infrastructure," said Samuelson. "These deals open the door to profiteers in our public institutions and reduce the quality of public services."

After the McGuinty government was elected on promises to stop these murky P3 deals the name was changed from P3s to Alternative Financing and Procurement programs (AFPs). Nothing has changed but the name.

The OFL has a number of recommendations for the Committee to increase the accountability of Infrastructure Ontario. They include information on the number and cost of all change orders in all of the AFP projects that are underway, the number and time lines for all delays in all AFP projects and full financial disclosure on all existing AFP projects. Samuelson will also be asking the Committee if the AFP program is being expanded into transit, transportation, water, energy, and educational institutions.

The OFL is calling for a moratorium on any further investments in P3s in Ontario and a return to traditional methods of financing.

More information:

Dana Boettger, OFL Communications 416.443.7665 (direct)
Wayne Samuelson, OFL President 416.571.7408 (cellular)
Sheila Block, OFL Research Director 416.985.8041 (cellular)

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/For further information: Wayne Samuelson, OFL President 416.571.7408 (cellular)
Sheila Block, OFL Research Director 416.985.8041 (cellular)/ IN: FINANCE, JUSTICE, LABOUR, MEDIA, POLITICS

Contact Information

  • Dana Boettger, OFL Communications Director
    Primary Phone: 416-441-2731 ext. 665
    Secondary Phone: 416-443-7665
    Toll-Free: 800-668-9138