[Brent Swain]

BC Premier Campbell has said that they need Public Private Partnerships because the private sector is the only one who can take the high financial risks of some projects.
How do they take the risks? By forming a limited company, putting themselves on a highly inflated salary, handling all contracts thru this limited company, stashing their inflated salaries offshore, giving themselves a multi million dollar severance package, then the company declaring bankrupcy, leaving the taxpayer holding the bag. Sure eliminates the private sectors fear of financial risk. No, governments can't do that.
Campbells latest PPP proposal is to take down the Port Mann Bridge , and replace it with a ten lane bridge , bottle necking into four lanes at either end.
Where will the CEOs of the private part of the deal be when the shit hits the fan? Probably on the beach on Grand Cayman.
Brent