The Brampton Civic Hospital, according to the Ontario Auditor General, ran over $200 million, in part because it was a P3; the Sea-to-Sky Highway was $220 million over, due to the fact it was organized as a P3; and with the UQAM, the University du Quebec at Montreal, the rate of that investment cost the Government of Quebec $400 million, $200 million more than was originally budgeted; and City of Ottawa had to bail out two P3 projects entirely.
To not describe some of those cost overruns to the taxpayer, who eventually picked up the costs of these “not-failures”, I suppose you would call them, is significant. The one size P3s work in all situations and there has never been any kind of failure of expectation or delivery to the public and to the taxpayer?