April 21, 2014

The Valuation of Public Projects: Risks, Cost of Financing and Cost of Capital

September 12, 2013 – Marcel Boyer, Eric Gravel and Sandy Mokbel

The costs of public sector investments in infrastructure projects are underestimated and should include the risks to taxpayers who backstop them, according to a report released today by the C.D. Howe institute. In “ The Valuation of Public Projects: Risks, Cost of Financing and Cost of Capital,” authors Marcel Boyer, Eric Gravel and Sandy Mokbel find current evaluations of public projects suffer from serious flaws, exposing taxpayers to unaccounted-for risks and bad investment decisions.

For the report go to: http://www.cdhowe.org/pdf/Commentary_388.pdf

Pour la version française, cliquez ici:  http://www.cdhowe.org/evaluation-de-projets-publics-risques-cout-de-financement-et-cout-du-capital/22773

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