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May 1, 2009
Alberta decides against P3 for new high schools
Alberta, now Canada’s leading cheerleader for privatized schools, has decided P3 high schools are not such a good idea. There are currently 18 P3 schools under construction and more planned, but an Alberta Education spokesperson Tim Chamberlin said, with financial institutions keeping a tighter rein on credit than before, experts in the construction and finance industries “indicated smaller bundles would be needed to attract sufficient number of bids…And to some degree, proponents would have trouble obtaining financing for a full 14-school P3 bundle."
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