Copying and distributing are prohibited without permission of the publisher
Heads up
01 September 2008
Four of Canada's provinces now have established programmes for private investment in infrastructure. Project Finance asked the chief executives responsible for these programmes for their take on past performance and market conditions.
Canada's separate provinces have taken the lead in developing P3 programmes, and this diverse leadership has produced some wide differences in approach. British Columbia, the forerunner, has been able to set the agenda, and has begun to assist other provinces in setting up their programmes. Ontario, which started earlier but has had to contend with a less favourable political backdrop, has moved more hesitantly, but has the largest pipeline of projects, reflecting its position as Canada's biggest province. Meanwhile, Alberta and Quebec are pursuing smaller programmes, but have also created dedicated bodies for the development of PPP projects.
Collectively, Canada now represents probably the largest, and certainly the most consistent, PPP market in the Americas. It has benefited from the interaction of, and competition between, local and international finance, and local and international developers and contractors. It has also built up a body of public sector expertise that could become...
Take a free website trial to read this article. It’s easy to get a trial – just follow this link or email info@projectfinancemagazine.com.
Or, if you’re a subscriber or have an active trial, simply log in below to read the article.
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Subscribe
Free trial
Taking a free trial will give you access to the latest news and analysis, as
well as the online deals database, BenchBase. Start your free trial today.
Free Trial