This was a bad week for the P3-happy Charest government as a study it commissioned into building a P3 long-term care home in Qub0065c City determined that it would cost $14 million less to build it publicly.
CUPE Qub0065c obtained the study by consulting firm Mallette Services-conseils through an access to information request. The union held a press conference this week, along with Qub0065c Federation of Labour president Henri Mass.0020
According to the study, it would cost $56.6 million to build the Foyer Saint-Charles, while building it with publicly borrowed money and managing it publicly would cost $42.2 million, or about $110,000 less per bed over 25 years.
The study admitted that it would be possible to give the P3 method a small advantage if the private partner would accept a 5 per cent profit rate and if construction costs and presumably standards could be cut 20 per cent.
Mass 0077elcomed the report but cautioned that it was only for one facility.
If its the case in Saint-Charles, its the case elsewhere in Qub0065c, he said, adding that provincial minister Monique Jrme-Forget has plans to build between 3,000 and 5,000 P3 long-term care beds.
That means a half billion dollars well give to the private sector for nothing.
CUPE assistant regional director Lucie Richard said the governments P3 agency should make all these studies public.
