To build infrastructure, public and private parties may take on a cooperative venture called a public-private partnership or a P3. Some examples of P3s include the Canadian Pacific Railway, the Panama Canal, and the Confederation Bridge. The same situation has made the news recently in Edmonton with … [Read more...]
The Case for P3s: Public Private Partnerships
Introduction Canada’s civil and social “infrastructure deficit” is estimated to be up to $125 billion which is approximately 6-10 times the level of all current annual government infrastructure budgets combined. In this context and facing a potentially protracted worldwide economic slowdown, many … [Read more...]