Le JoonDec 2, 2022

I’ve always been wary of public-private partnerships as my intro was linked to healthcare. But do they fair well for #transit?

In Ontario, a report into Ottawa's LRT showed it led to costly delays, huge bills and a lack of transparency — isn’t that usually the case?

However, there are several transit P3’s in Vancouver that seem successful, ie. Canada Line & Evergreen Extension

Are they viable? Who fails the project more?

@BrentToderian
@chema

#Urbanism

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Show threadLe Joon

@BrentToderian @chema

Resources I found:

Case Study: The Community Impact of the Canada Line https://cupe.ca/case-study-community-impact-canada-line-p3

Was Ottawa’s LRT P3 Project a Disaster? https://out.reddit.com/t3_z9zdg4?app_name=ios&token=AQAAQduJYyaRBoIO4IHrakgvG5whuDWXCY6SBiywcNK4XUZ5NDQC&url=https%3A%2F%2Fwww.cbc.ca%2Fnews%2Fcanada%2Fottawa%2Fottawa-lrt-report-reaction-provincial-federal-politicians-1.6669608

Audit of the Evergreen Line https://www.bcauditor.com/sites/default/files/publications/2013/report_15/report/OAGBC%20Evergreen%20Line.pdf

#transit #urbanism

Case study: The community impact of the Canada Line P3

The Canadian Union of Public Employees has looked into the community costs and consequences of privatization of a transit project through a public private partnership (P3) in Vancouver, British Columbia. The Canada Line, a rapid transit line connecting Richmond, the Vancouver International Airport and Vancouver, opened in the summer of 2009.

Canadian Union of Public Employees
Dec 2, 2022 at 6:27amWeb
Show threadZilogDec 2, 2022
@joon @BrentToderian @chema NSW State government in Australia has tried a few approaches, the earliest was the Sydney Airport Line, it has been a financial failure, the State had to put in more funding for construction than they had allocated, the private owners of the assets has changed several times because they claim bankruptcy, however it's a "interesting" model where the State train operator owns the track and private sector owns the stations.
Show threadLe JoonDec 2, 2022

@zilog80 @BrentToderian @chema Searching for more info and came across this.

The subheading is a great question, but the irony of needing to sign up privately to the information is a good chuckle (also, one can’t copy & paste from the site) we really do see value differently 🤷

https://www.infrastructureinvestor.com/sydney-airports-sale-encapsulates-the-public-vs-private-infra-argument/

Sydney Airport’s sale encapsulates the public vs private infra argument

The debate over Sydney Airport's sale price reflects a disparity in how public markets and private investors assess the value of infrastructure assets.

Infrastructure Investor
Show threadZilogDec 2, 2022
@joon @BrentToderian @chema the second NSW approach has been the Sydney Metro construction and conversion of existing lines. It hasn't been running long enough for anyone to do a proper study of it, but the combination of effective privatisation of the existing State train operator lines to privately run Metro line and the construction of new lines funded by the State but operated by the private train operator. It seems a rather complex ownership/construction/operation set up.
Show threadLe JoonDec 2, 2022

@chema @zilog80 @BrentToderian I was going to ask if state built but private maintenance was a better model within the P3 model.

I’m really curious now what the case studies and data state as the argument for P3 is made so often in my circles as private sector loves to paint themselves as saviours — a fascinating complex imho.