It was learned yesterday that the PPP project for the CHUM was in jeopardy insofar the company in charge of the financial package for one of two consortia selected faces serious financial difficulties. One month is the PPP project instead of the hall of the MSO was jeopardized by the deterioration in financing conditions. We are open e financial crisis, it manifests itself in the form of a credit crunch unpublished, only the strongest claims will find takers in the current circumstances. For a few years time to private finance is over.
In this context it is quite angelic suggest that infrastructure projects in PPP mode will find solutions significant funding smoothly. If we must spend on infrastructure projects to buoy the economy, we can not allow ourselves to rely on private markets to finance these projects. We need all the PPP projects are immediately converted to conventional financing projects for at least two reasons.
1. to ensure that projects will proceed in a timely manner;
2. because the markets need now safe securities such as government bonds of the provinces, municipalities and parastatals.
Until then, it is necessary that the Minister of Finance has the honesty and transparency to eliminate the amount it announced infrastructure spending amounts that are related to PPP projects so that we have the real picture of the Liberal plan of economic stimulus.
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