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must close the PPP program

Andre Christmas Press revealed yesterday that the magnitude of the crisis on PPP projects in the Charest government. The CHUM project is particularly affected, the firm responsible for financial ENGINEERED each consortium are experiencing extreme financial difficulties that could lead to bankruptcy. The policy of infrastructure development through the PPP manifesto here any limitations.
infrastructure projects are central stimulus policies, or here in Quebec, a significant portion of these projects have been locked in the PPP process. Clearly, there will not see the day as long as the crisis and tightening credit. Expenses that we must do today to boost our economy and in particular support the construction sector hard hit by the crisis can not wait for the recovery of the international financial system.
The Quebec government should be compelled to adopt the following measures:

1. Finance Minister should list all PPP projects for which funding or whose tender process is not finalized.

2. amounts associated with these projects must be subtracted from the total amount that the minister said in January spending to stimulate and revive the economy of Quebec.

3. a policy of conversion of major PPP projects to public projects should be established so that they can start as soon as possible. This policy must combine the following elements:

• integration in managing a conventional mode of certain mechanisms of risk sharing between manufacturers and public promoter;

• adoptotion mechanisms and practices to control costs and especially by management actual costs rather than according to figures underestimated;

• project financing through a program of government bonds sold primarily to institutional investors in Quebec.

4. revise the mandate of the Agency for PPP to exclude all large scale projects and any project in the field of essential public services (health, education, transportation), remove the mandate of the agency's objective promotion of PPPs and replace it with a mandate to evaluate and audit projects based on a financial and social audits.