Prep Work/P3s: How governments lost the ability to manage infrastructure projects until old money came up with a solution Previous Video: https://youtu.be/vKAl6DOcASc Next Video: https://youtu.be/QjY8L39zOh8

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References & Sources

[1] https://rem.info/en/news/south-shore-preparatory-work-gets-underway [2] https://www.herrenknecht.com/de/referenzen/referenzendetail/metro-guangzhou/ [3] https://www.railjournal.com/signalling/guangzhou-metro-cbtc-contract-awarded/ [4] https://www.robbinstbm.com/projects/guangzhou-metro-guangfo-line/ [5] https://journal.hep.com.cn/fem/CN/article/downloadArticleFile.do?attachType=PDF&id=19623 [6] https://www.structuremag.org/?p=10604 [7] https://www2.deloitte.com/global/en/pages/infrastructure-and-capital-projects/articles/canadian-public-private-partnerships-report.html [8] https://www.policyalternatives.ca/sites/default/files/uploads/publications/Nova%20Scotia%20Office/2020/10/Hidden%20dangers%20of%20P3s.pdf [9] https://columbiainstitute.eco/research/public-private-partnerships-in-bc-update-2018/ “A recent 2018 report by the Columbia Institute confirmed the higher costs of P3s” [10] https://www.institutionalinvestor.com/article/b1505qtb21m06x/no-longer-the-dumb-money [11] https://www.cdpq.com/en/about-us/history [12] https://www.on-sitemag.com/infrastructure/infrastructure-bank-makes-first-investment-loaning-montreal-rem-project-1-3b/1003960045/ [13] https://www.legisquebec.gouv.qc.ca/en/document/cs/C-2 [14] Initial: https://rem.info/en/partners https://www.on-sitemag.com/infrastructure/proposed-extension-to-new-montreal-rem-would-add-23-more-stations-cost-10b/1003971265/ $6.3bn Q $1.283 C $1.283 HQ $0.295, Caisse: $3.439bn (91.3%) 2019: https://www.newswire.ca/news-releases/rem-optimization-agreement-concluded-with-nouvlr-822175318.html $6.5bn (94.2%) 2021: https://montreal.ctvnews.ca/rem-light-rail-project-price-tag-rises-due-to-pandemic-complications-1.5455795 $6.9bn (100%) [15] https://montrealgazette.com/news/local-news/century-old-explosives-detonate-in-mount-royal-tunnel-rem [16] https://montreal.ctvnews.ca/rem-light-rail-project-price-tag-rises-due-to-pandemic-complications-1.5455795 [17] https://plus.lapresse.ca/screens/e5f117c7-6634-43e8-aecb-1f275d9d4155__7C___0.html