Canada: Nova Scotia Schools

Nova Scotia has ended its P3 schools venture by buying 10 more schools from the concessionaires for Cdn $49.3 million, raising the total number purchased to 37 for a total of Cdn $215.9 million. Two of the original 39 leased schools were left with the concessionaires, Nova Learning and Ashford Investments. As the 20-year deal signed in 1998 ran out, the government had the option of buying the buildings, extending the leases, or leaving the schools.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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