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PPP Canada
Public infrastructure impacts the lives of every Canadian – from the water they drink to the road they drive on to get to work.
PPP Canada was established by the Government of Canada to improve the delivery of public infrastructure by achieving better value, timeliness and accountability to taxpayers, through public-private partnerships (P3s).
P3s are an alternative method for procuring large and complex public infrastructure projects. They offer three major benefits which are better costs and delay controls, optimization of risk and resources and innovation. P3 contracts are typically long-term engagements which use specific financial structures to leverage performance and innovation from the private-sector and divest the taxpayer of risks associated with the design, construction, maintenance and operation of the infrastructure.
PPP Canada’s operations focus on building P3 procurement knowledge and capacity amongst federal departments, and leveraging greater value for money from federal investments in provincial, territorial, municipal and First Nations infrastructure with the P3 Canada Fund.
The $1.2 billion P3 Canada Fund is a merit-based program with the objective of supporting P3 infrastructure projects that achieve value for Canadians, develop the Canadian P3 market and generate significant public benefits.
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