steveintoronto
Superstar
And this is exactly how P3 goes wrong. And gets a terrible reputation in some quarters. It works remarkably well in others. What makes P3 work or not is not so much what happens at the Investor/Developer end, their modus operandi is predictable in almost all cases. The problem comes more often than not from slack ass politicos that can't even run a label business, let alone a government. And Ford's not alone, albeit he epitomizes the deficit. It's the *inability to effectively govern* that's the problem in almost all cases save that of fraud, in which case the governing body has recourse in the courts.My fear is - this is exactly what will be proposed. If the Province waives development charges and Section 37 benefits - which would be an override to municipal revenue, by the way - then they are only pretending that the private sector is supporting the cost of the stations. While in fact the taxpayer would be picking up the slack. Let's not do something this disingenuous, it would simply be a charade.
What Ford is trying to sell as P3 is as close to the real thing as bubblegum is to Ford's fulcrum. The gum has far more fortitude.