CCPPP Applauds Canada's Federal Government for its Leadership on Public-Private Partnerships



    TORONTO, Nov. 27 /CNW/ - The Canadian Council for Public-Private
Partnerships applauds the Canadian government for taking a leadership role on
Public-Private Partnerships. While speaking at the Council's 15th annual
conference, Minister Cannon discussed the government's intention to provide
$25 million to establish a new P3 Office, and the federal government's
Building Canada infrastructure plan, which includes a $1.25 billion P3 Fund
designed to encourage the development of the P3 market in Canada.
    Minister Cannon also sought a partnership with the private sector in the
building of a new Windsor border crossing as part of the Government of
Canada's $33 billion Building Canada infrastructure plan.
    "The Council is delighted that Minister Cannon offered his support for
expanding the role of public-private partnerships in Canada," said Dale
Richmond, President of The Canadian Council on Public-Private Partnerships and
former President & CEO of the OMERS public pension plan. "The fact that the
Canadian government's Building Canada Plan states that all large projects
seeking $50 million or more in federal contributions are required to assess
and consider the viability of a PPP option is a true recognition of the value
of this innovative approach to building, financing, and operating
infrastructure projects."
    An overwhelming majority (88%) of Canadians polled in a national survey
believe that present-day governments are having trouble keeping pace with
demands for new or improved public infrastructure and services. Nearly
two-thirds (63%) of Canadians believe the private sector can help resolve this
crisis by getting involved in financing and building the much-needed new
hospitals, schools, roads, water and sewage treatment facilities, transit, and
electricity services that Canada needs in the 21st century.
    The results of the survey, conducted by Environics Research Group for the
Canadian Council on Public-Private Partnerships, were announced at the 15th
Annual Conference on Public-Private Partnerships in Toronto. Detailed poll
results are available at www.pppcouncil.ca.
    "Governments, unions and business all agree that an infrastructure gap
exists, that it is a serious threat to Canada's future economic growth and to
the standards of living that Canadians have come to expect," said David
McFadden, Director, and Communications Committee Chair for the Canadian
Council on Public-Private Partnerships and Partner at Gowlings Lafleur
Henderson LLP. "Along with the Government of Canada's historic investment,
private capital and expertise can make a significant contribution to building
infrastructure projects faster and at a lower cost to taxpayers."
    The Annual Conference on Private-Public Partnerships is The Canadian
Council for Public-Private Partnerships' premier event. This year the
Conference and related events, which are taking place on November 26 and 27,
is hosting over 750 distinguished leaders, speakers and delegates from Canada
and around the globe, including England, France, Republic Of Ireland, Uruguay,
Spain, Germany, Australia, Northern Ireland, Singapore, Israel, and the United
States. The theme of this year's conference is "Driving Performance in
Canadian PPP."





For further information:

For further information: or to request an interview with a conference
presenter, please contact: Pierre Leduc, pleduc@tsa.ca, Cell (416) 859-8562;
or Orli Namian, onamian@tsa.ca, Cell (647) 262-6776

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Canadian Council for Public-Private Partnerships

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