TORONTO, Oct. 27, 2014 /CNW/ - The Canadian Council for Public-Private Partnerships (CCPPP) is proud to announce that the late Honourable James (Jim) Michael Flaherty has been posthumously named the P3 Champion for 2014. CCPPP salutes Jim Flaherty's tremendous career of contributions to infrastructure development and renewal in Canada, and to the advancement of a best-in-class Canadian public-private partnership (P3) model.
"It is hard to overstate the importance of Jim Flaherty's role in addressing Canada's infrastructure deficit," said Dale Richmond, Chair of CCPPP's Board. "He was a visionary who recognized that private sector skills and innovation can help governments to build better quality infrastructure, while saving money for Canadian taxpayers."
The Council wants to recognize a number of Jim Flaherty's significant contributions to the sector, among them as Ontario Finance Minister, he laid the groundwork for the extensive use of P3s we now see in the province today; as Federal Finance Minister, he created PPP Canada and launched successive Building Canada Plans, which have now allocated more than $2.5 billion that will leverage $10 billion in P3 projects across Canada. While provincial governments were increasing the usage of P3s, Jim Flaherty seized the moment at the federal level to propel the industry to new heights by providing additional tools for other levels of government and championing its use where it made sense.
Jim Flaherty was determined to ensure that Canada remains economically competitive with a high standard of living for its citizens. At a time when governments were finding it difficult to set aside the resources to renew infrastructure and meet the demands of a growing population, Jim Flaherty invested to make the Canadian P3 model an undisputed success.
Jim Flaherty's role in driving these substantial benefits to all Canadians will be recognized at CCPPP's 22nd Annual National Conference on November 4, 2014 in Toronto. The Champion Award is presented periodically to individuals who have made an outstanding contribution to public-private partnerships in Canada either from the public or private sector. Jim Flaherty's widow, Christine Elliott, MPP for Whitby-Oshawa, will receive the award on his behalf.
About The Canadian Council for Public-Private Partnerships: Established in 1993, CCPPP is a national not-for-profit, non-partisan, member-based organization with broad representation from across the public and private sectors. Its mission is to promote innovative approaches to infrastructure development and service delivery through public-private partnerships with all levels of government. The Council is a proponent of evidence-based public policy in support of P3s, facilitates the adoption of international best practices, and educates stakeholders and the community on the economic and social benefits of public-private partnerships.
SOURCE: Canadian Council for Public-Private Partnerships
For further information: For more information about CCPPP contact: Mark Romoff, President and CEO, CCPPP, 416-861-0500, [email protected]; For Media Enquiries contact: Chris Allicock, 416-694-3131 (o), 416-319-8003 (c), [email protected]