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} WM Fill ix ) CHRONICLE ' Wednesday. [kceniber it 2014 '13 O O O O Pu c-prlvate partnersths benefit Waterloo Region ver the past decade. all three levels lion higher than if they had been delivered Despite the Auditor's report, we continue The utilization of P3 models facilitates Of government m Canada have by the public sector alone. to recommend that all levels of government the completion of more projects because strongly agreed that jnvemnmls in However Infrastructure Ontario. the proceed with P3 projects in the interest of private dollars are enhancing limited and new infrastructure and maintaining existing provincial agency with responsibility for efficiency. The cost of delivering v1'tal servic finite public budgets. structures areahigh pnumy managing these pmjects, has responded by es such as health care and education are .,, The challenge for the business sector. noting that this difference is more than off? continually rising, therefore alternatives to [an Meleun ispresident and (1:1) which n,quw infrastructure set by the risk of potential public funding for chronic infrastructure ofttie GreaterKitchenerlt‘urerlm funding for yanmmir growth ‘ ‘ ‘ ' cost overruns ifthe construcâ€" deficits are vitally important. Chamber ofuymmert'e. and job creation, and gov . . 1‘~ ’ . ‘ tion was completed hy the eminent is securing the 3, ti - |, public sectoralone. financial mm...“ to mm. ., . ' i " Ammmpieutamghiy Nobody ever plans to make the taxman plete projects which now successful P3 project. the . , , , routinely reach into the bilâ€" new Waterloo Region (70W 8 beneflC|ary Of thelr Wll.l.. lions ofdollars. solidated Courthouse is a in early December, the $379-million design. build. 2014 Annual Report from ' finance at“! maintain faCilil‘t“ :l1lll1lllutl"r 11. in will v‘ ‘i in H. mm o .» iJ Russ McEachnte‘CFP CPCA can Ontario AUd‘lQl general, ’ l’ ‘ that was completed tin-time mes Wit i: ljl tu'dei‘ f‘li‘t grit: they on u u» “it. Bonnie Lysyk, identified i and 0“ budget. rr‘ax "tuna mi uh? m r" not equiv" St Exec FinanCialConsunant some issues related to the j As infrastructure Ontario “ ' use of public-private part- i has noted, the inability to Call me to find out how The Plan bytnvestors Group" “1559“ mceachmeQinvestorsgioup com nershjpc or p35. a relatively meet all deadlines would can help you provide for the people you care about... (57918862360 “12“ new financing model where i t . have accumulated significant now and overtime. major projects are builL 1 costs ultimately paid for by Russ McEachnie wwwmssmceachnie com financed. maintained or l taxpayers. CFP CPCA CDFA operated by one or more pri» ‘ The benefit of public~pri- , , "I, 7: . ’ if a vate sector business partners ; a, 7 7 vate partnerships for Water L t -. = Ur, - . through an agreement With IOU Region and all (if (2118021 Find the Latest Financual Updates and government. is that they promote cost certainty by allor IILike US Ofl face” at the new Waterloo Region light rail transit eating ml“ to the partner best able to manâ€" rum and courthouse in downtown Kitch~ age them. mceachleglmp {be ”an ener are examplfi of this financing arrange. During public hearings in 201l at Region ”Connect wtth Russell McEacnnie Vestors meni al council on the proposed LXI) our Cham~ on Linkedin [nup- l\s\t indicated that for 74 Pt pri1|vcts her was the only stakeholder to propose utiA ,_.v m r ' j, .. . . , 1 m M across Ontario, total tosts are nearly $8 hilt lizing a P3 model as the best option for both jfiwizi‘w“ b" l M “ ‘ ’ ~ ‘ A , on» u sown-clue residential and business taxpayers. in at ”M Don tnsli your life or the life of someone else. If you plan on drinking, plan ahead and choose a deygnoted driver or (all a two semce for a ride home. Studies Show that even small amounts of alcohol (on impair a person’s ability to drive. Even at a blood alcohol rootentrtrtion (BAG of 0296 â€" as little as one drink â€" a person ’s abilities to see and multi-toslt are compromised. a» - -. HAPPY NEW YEAR! lS Illq JIM 14 “ " ~‘ l 3 ' Q gas \ at - ‘ -. , ‘=. QR”, 4. . i ' fl . f a _. ‘ i ti - ‘ l “ - rt New 3“ Q , ' Ml i“ (a thPY. ’“ . -.., t HAPPY NEW YEAR. ‘ i 6 .’ . ‘- » NP it til »’ , y j . ( _ / I u ANLl‘ifi, viiiu '/ ‘ TAP " I." ' \(7l'lng munnmmumtyxwr lfirft ‘ l "A l 1 new . _ WATERLOO CHRONICLE ' . l . [I ' : film‘s-ammonia Thames-Laot-ismadeprmflebvmemsmwamitnmmmpatmsaooeamqmmtuoe ”l‘j W» ' ~ .'