It costs more and a 30-year agreement is unreasonably long, says an independent review on the Abbotsford P3 hospital plan.
Former director with the Office of the Auditor General of Canada, Lewis Auerbach warns that the government should consider other options for the hospital because the public interest may not come first in a P3 arrangement.
Auerbach argues that P3s are risky, with a real danger of additional costs and inadequate monitoring during the bidding process. He also highlights that the only way P3s would save money is through increased fees from patients.
Auerbach’s review reinforces the findings of a report by forensic accountant Ron Park. Both of the studies support a public hospital.
