Public Private Partnerships of Canada
The Government of Canada attested its commitment to PPPs for the purpose of large and smaller scale public infrastructure development through the 2009 establishment of PPP Canada, overseen by the Minister of Finance. The prevalence of PPPs in Canada has grown rapidly over the past 20 years to reach a peak from 2009–11, with 39 projects achieving a final funding totalling C$21.7 billion. The widespread nature of public–private partnerships has been facilitated by the establishment of dedicated agencies, both federally and provincially. In particular Alberta, British Columbia, New Brunswick, Ontario and Quebec have brokered PPP deals through designated policy frameworks. Procurement processes are highly efficient, typically reaching conclusion in 16–18 months due mainly to standardised practices, established legal expertise and strict observance of project timetables.