The P3 Canada Fund was created to improve the delivery of public infrastructure and provide better value, timeliness and accountability by increasing the effective use of P3. The P3 Canada Fund is the first infrastructure funding program, anywhere in Canada, which directly targets P3 projects.
The P3 Canada Fund is a merit-based program, designed to incent consideration of P3s in public infrastructure procurements, in order to achieve value for taxpayers and other public benefits.
PPP Canada works with provincial, territorial, municipal, First Nations, federal and private partners to support greater adoption of public-private partnerships in infrastructure procurement. To be eligible for a P3 Canada Fund investment, the infrastructure project must be procured, and supported by a province, territory, municipality or First Nation (i.e., a public authority).