FAQs
What is a P3?
P3 is a long-term performance-based approach for procuring public infrastructure where the private sector assumes a major share of the responsibility in term of risk and financing for the delivery and the performance of the infrastructure, from designing the concept, architectural and structural planning to its long term maintenance.
What is PPP Canada?
PPP Canada is a Crown Corporation that was recently established to work with the public and private sectors to support P3s and encourage the further development of Canada’s P3 market.
What is the P3 Fund?
The P3 Canada Fund is a merit-based program designed to generate an increase in P3 public infrastructure projects that achieve value for taxpayers, develop the P3 market in Canada and result in public benefits.
Who is eligible to apply to the Fund?
The P3 Canada Fund is focused on provincial, territorial, municipal and First Nations public private partnership infrastructure projects.
How much money can I get?
The amount of the funding support, in combination with any other direct federal assistance, may not exceed 25 percent of the project's direct construction costs.. The level, form and conditions of any funding support will vary depending on the needs of a given project.
What type of projects are eligible?
Eligible projects will be for the construction, renewal or material enhancement of public infrastructure within several sectors including Transport (public transit, highways, brownfield re-development, local roads and short line rail), Water, Energy (green projects), Security (disaster mitigation), Solid Waste, Culture, Sports, Connectivity and Broadband, Maritime (short sea shipping), Aerospace (regional and local airport) and Tourism.
Is there a minimum or maximum size?
There's no minimum or maximum size but larger projects have a greater potential to generate the efficiency gains necessary to offset the fixed costs incurred by the public and private sectors during the development and procurement phases.
How do I submit a project for consideration?
A Project Submission Guide, also available on this Web site, has been developed to help provincial, municipal and territorial and First Nations organizations to identify and submit projects from their respective jurisdictions.
Why would the private sector be interested in P3s?
As compared to traditional procurement, P3 projects provide the private sector with a greater role in the design, building, financing, and/or operation of public infrastructure and offer a unique business opportunity, allowing private companies to deliver a broad range of services in different industrial sectors over a long term concession period (typically 25-35 years).