Building sell-off 'bad deal for Canadians'
Source: CUPE, October 29, 2007 02:27 PM
New research shows the Conservative government lowballed the price of federal buildings it recently sold as a P3 scheme.
The Informetrica analysis, commissioned by the Public Service Alliance of Canada, shows the undervaluing of the real estate assets means a $400 million windfall for Larco Investments, the corporation that bought the buildings.