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Government Operations committee  With respect to the last part of your question, there's a good inventory of a fairly large number of projects, and I'll put in parentheses that I'm sure my colleagues will say that many of those projects are from the bad old days when things weren't done as well as they are today

October 16th, 2012Committee meeting

Hugh Mackenzie

Government Operations committee  I'll leave that to you, thanks.

October 16th, 2012Committee meeting

Hugh Mackenzie

Government Operations committee  Yes, just briefly. I wasn't going to say anything, actually, but when Finn referred to the taxes as a factor that weighs on one side of this equation, of course taxes are paying for the ongoing costs of P3s as well. I don't see how that's not just neutral, as between the two. A

October 16th, 2012Committee meeting

Hugh Mackenzie

Government Operations committee  I want to enthusiastically endorse the comment about sunshine. One of the real challenges for people who are outside the circle, as I am, in doing critical analysis of these things is the paucity of information that's available to evaluate these contracts. Several years ago, fo

October 16th, 2012Committee meeting

Hugh Mackenzie

Government Operations committee  I don't disagree with any of that. It's an issue of scale. There needs to be a lot of money at play to make people interested in doing these things. But it does trigger a thought in my mind. Take as a given structural issues, such as life-cycle management and ensuring that main

October 16th, 2012Committee meeting

Hugh Mackenzie

Government Operations committee  I have just one quick comment. I would agree, but maybe cast it slightly differently. The issue that we confront in the long-term planning for infrastructure in Canada is not an issue related to the availability of financing and it's not an issue related to the availability of pe

October 16th, 2012Committee meeting

Hugh Mackenzie

Government Operations committee  I will. As a general proposition, I would say, speaking to government, that if you can't manage a project yourself, you're probably not going to be successful at managing a P3 arrangement either. One point made, which I think is really important, is that a number of the argument

October 16th, 2012Committee meeting

Hugh Mackenzie

Government Operations committee  Thank you, Mr. Chairman, and thank you to the committee for the invitation to appear. Having reviewed the list of participants here, I think I'm the official skunk at this garden party. I'm going to try to play that role as best I can. Let me start with a general proposition rig

October 16th, 2012Committee meeting

Hugh Mackenzie