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Overview Overview
PPP Canada was created as a Crown corporation with an independent Board of Directors reporting through the Minister of Finance to Parliament. The Corporation became operational in February 2009 with the appointments of a Chair of the Board of Directors and a Chief Executive Officer.
PPP Canada’s mandate is to improve the delivery of public infrastructure by achieving better value, timeliness and accountability to taxpayers, through P3s.
That is to say, PPP Canada was created to deliver more P3s by leveraging incentives, demonstrating success, and providing expertise; and to deliver better P3s by promoting P3 best-practice, and capacity-building.
The increased visibility of P3s as a procurement solution for governments is one of the major accomplishments of the P3 Canada Fund and will remain a factor in PPP Canada’s ability to develop the P3 market. Many of the applicants in Round One represented undeveloped P3 markets which approached PPP Canada very early on in their procurement planning process to obtain information about P3s as a procurement solution and access support and expertise. They included municipalities, First Nations, smaller provinces and territories.
PPP Canada anticipates that the first project approvals and investments of the P3 Canada Fund from Round One will continue to build momentum & visibility for P3 procurement among undeveloped markets.
In Round One, PPP Canada leveraged provincial and territorial governments, as well as INAC as primary interlocutors to disseminate information about the P3 Canada Fund to other levels of government, and submit applications on their behalf. This process was primarily borne out of capacity constraints, within PPP Canada, to handle large volumes of municipal inquiries and applications. In general this process worked well, though it did present some additional benefits and challenges in its implementation.
In terms of benefits, the Round One approach enabled PPP Canada to build relationships with the provincial and territorial departments responsible for delivering on capital infrastructure needs and, ultimately, driving the adoption of P3 procurement at the provincial and municipal levels. This approach also positioned PPP Canada as an enabler of P3 projects, and a supporter of provincial P3 agencies.
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