At the Canadian Council on Public-Private Partnerships’ (CCPPP) annual event in November, a nearly decade-old auditor’s report on VfM studies came up during the opening session. The report is a 2014 audit of Infrastructure Ontario (IO) published by the province’s Auditor General. It keeps coming up. As recently as October, the audit was cited by the Canadian Union of Public Employees (CUPE) in support of their proposal to change the mandate for Canada’s infrastructure bank (CIB) away from P3s towards traditionally procured projects.
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