The need for infrastructure renewal is real and governments across Canada have recognized that investing in public infrastructure is an effective way of boosting the economy while delivering tangible results Canadian can see and use every day .

Public-private partnerships ( P3s ) have proven their ability to deliver value . Governments have seen this model work for projects across the country , with early adopters like Alberta , British Columbia and Ontario leading the way .

When done well and for the right reasons . P3s can be a useful

procurement tool for governments . P3s engage the expertise of the private sector and the discipline of capital markets to deliver ontime , on-budget , whole life-cycle solutions to delivering the public infrastructure Canadians need . Recognizing the growing attraction to P3s , in 2008 , the Government of Canada saw an opportunity to leverage its role to enable the consideration of P3s through the creation of PPP Canada , a federal Crown corporation .

Effecting change PPP Canada strives to deliver value

44 December 2014

Energy Magazine December 2014 | Page 44

The need for infrastructure renewal is real and governments across Canada have recognized that investing in public infrastructure is an effective way of boosting the economy while delivering tangible results Canadian can see and use every day .