Nova Scotia government to buy 11 more P3 schools for $50.5M
The government of Nova Scotia will be spending another $50.5 million to buy 11 more public-private partnership, or P3, schools which have leases that expire in November 2020.
Earlier this month, the province said it would be purchasing 12 of 13 P3 schools owned by Scotia Learning Centres, which also have lease expiry dates of 2020.
The 11 schools, currently owned by OMERS and Ashford Investments, include:
- Amherst Regional High School, Chignecto Central Regional School Board
- Greenfield Elementary School, River Ryan, Cape Breton Victoria Regional School Board
- Jubilee Elementary School, Sydney Mines, Cape Breton Victoria Regional School Board
- North Highlands Elementary School, Aspy Bay, Cape Breton Victoria Regional School Board
- Riverside Elementary School, Albert Bridge, Cape Breton Victoria Regional School Board
- Tamarac Education Centre, Port Hawkesbury, Strait Regional School Board
- Cape Smokey Elementary School, Ingonish, Cape Breton Victoria Regional School Board
- Richmond Education Centre/Academy, Louisdale, Strait Regional School Board
- Aspotogan Consolidated Elementary School, Hubbards, South Shore Regional School Board
- Cape Breton Highlands Education Centre/Academy, Terre Noire, Strait Regional School Board
- East Antigonish Education Centre/Academy, Monastery, Strait Regional School Board.
Education Minister Karen Casey said in a release the schools were identified as “ones that need to stay open.”
“As in an earlier agreement with Scotia Learning Centres, purchasing is more affordable than extending the leases and provides the added benefit of ownership while providing a long-term solution to providing schools for these areas,” she said.
Two other schools, which have lease expiry dates of 2018, will also be purchased by the province at a cost of nearly $13 million.
There are 39 P3 schools in the province. The government, so far, has agreed to purchase 25 of them when their leases expire.
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