Download past Quizzes in PDF format.
Navigating public-private partnerships
The ‘70s, ‘80s, ‘90s brought far too little investment in the repair of existing infrastructure and development of new infrastructure, leading to recognition around 2000-2003 that all levels of government in Canada needed tosignificantly invest in these areas. Infrastructure projects can be structured many ways, with no “one-size-fi ts-all”. One project model popular that has been popular in Canada in the last 10 years is the public-private partnership. In this model, the public and private sectors collaborate, with a view to allocating project risk between them in a way that results in “optimal risk allocation” — allocating project risk to the party best able to manage that risk. It is a key ingredient in achieving best value in the delivery of a project. In 2008, the federal government established PPP Canada to improve the delivery of public infrastructure by achieving better value, timeliness, and accountability to taxpayers through public private partnerships. In the February 2014
federal budget, the government stated that PPP Canada would continue to share best practices for projects and promote the use of public-private partnerships in the infrastructure sector. Many provinces have also created special agencies or Crown corporations to support provincial
governments in their efforts to deliver the required infrastructure renewal and development projects. Two of the earliest such agencies or corporations were Partnerships B.C. and Infrastructure Ontario.