A month later, federal finance minister Jim Flaherty announced the creation of a federal public-private partnership office to "facilitate a broader use of P3s in Canadian infrastructure projects." Flaherty said the government will also establish a separate national infrastructure fund for P3 projects and gateway and border crossings. In future, he said, the government will require that municipal, provincial and territorial governments consider P3 for larger infrastructure projects with federal funding. Alberta, meanwhile, is using P3s to build parts of its two metropolitan ring roads - the south-west section of Edmonton's Anthony Henday Drive and the north-east section of the Calgary ring road. There have been no decisions on how the government will finance and build the remaining secti...
... for those involved in public-private partnerships (P3s) in Canada. In October, BC Premier Gordon Cam...
.... To get the most out of their partnerships with private service providers, municipalities sho...--into waterways every year (Government of Canada 2010b and Environment Canada 2010a). The former en...
As governments at all levels increasingly look to partnerships with the private sector to deliver public infrastructure and services, the impacts are rippling throughout Canada's business, legal and financial communities. Among the growth industries generated by the move to public-private partnerships (P3s) is a group of specialists variously known as "process advisers," "transaction advisers" or in some cases "P3 advisers. For the transaction adviser, the "beating to death" process usually begins when the project is still a twinkle in the owner's eye, as happened when Johnston's company was hired as technical manager on the $1.1 billion Golden Ears Bridge project (slated to open June 14, 2009) east of Vancouver. "We started on Golden Ears in 2002 with the owner TransLink saying, "We d...
... and the rise of public-private partnerships, this case provides an opportunity to consider whe...
...-year sewage plant upgrade deal with Veolia Canada Winnipeg city council approved last week. The prop...
One of the more dramatic examples of the negative effect of the credit crunch on current P3 projects was the announcement in February 2009 by the BC government that the Port Mann project's P3 financing (previously to be shared by the province and a private sector consortium that includes engineering firm Peter Kiewit Sons Co. and the McQuarrie Group) had collapsed leaving the BC government to finance the entire amount. Meanwhile, in Quebec, the province's health minister recently expressed concern regarding the P3 financing for two Montreal mega-hospitals. One consortium bidding on the projects lost British financier John Laing Investments in November 2008, and the other consortium included troubled Australian infrastructure corporation, Babcock & Brown.18 For critics of the P3 mode...
... ardent supporters of public-private partnerships (P3s) do not share Governor Schwarzenegger's utopi... who have warned that a failure to address Canada's growing "infrastructure deficit"1 could cripple ...
... had made Toronto the industrial heart of Canada, and its commitment for a presence of working clas... in the form of public-private partnerships (ICF Consulting 2000, 57, emphasis original). Thou...
... d'emploi, partenariat public/prive, Canada . Abstract Public-private partnerships (PPPs) repr...
As the Director, Real Estate Partnerships & Development at the City of Ottawa, Gordon MacNair, AACI, heads a 46-member team that is involved in far more than the appraisal of properties. In fact, the Realty Services part of the team is responsible for all of the City's real estate needs including acquisitions, environmental remediation, disposals, leasing, valuations and land management. Early on, MacNair knew he did not want to be limited to determining the value of a property. Having grown up in New Brunswick, he graduated from the St Lawrence College Assessment Administration program and decided to pursue a career in appraisal rather than assessment. So, after leaving Canada Mortgage and Housing Corporation in Edmonton to pursue the lending field, he quickly obtained his CRA desi...
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