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News Release - New Public Transit Fund and P3 Funding A Game Changer Print E-mail
Thursday, 18 June 2015 22:00

disponible en français

The Prime Minister's announcement of new government funding for transit puts Canada on the fast track. Projects over $1 billion will be eligible for funding from the Public Transit Fund and the Federal Government contribution will increase.

"The new Public Transit Fund is a game-changing announcement that will invest in world class public transit in our cities," stated Mark Romoff, President and CEO of The Canadian Council for Public-Private Partnerships.

The Public Transit Fund will allow provinces, territories and smaller communities to access more funds from the existing Building Canada Fund. In particular, the announcement to invest up to $2.6 billion in Toronto's Smart Track plan will free up money for other key projects across Ontario. The Federal Government is also increasing its portion of project funding under the P3 Canada Fund from 25% to 33%.

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Preferred Proponent Selected for Regina Bypass Project Print E-mail
Friday, 29 May 2015 14:31

SaskLink Global Transportation Partners (SGTP) has been selected to partner with the Ministry of Highways and Infrastructure to build the new Regina Bypass as a design-build-finance-operate-maintain public-private partnership (P3).  Once complete, the bypass will be the largest transportation infrastructure project in Saskatchewan’s history.

“The Regina Bypass Project is the largest transportation project in the province’s history and is going to have a major impact on our economy and on traffic safety,” Highways and Infrastructure Minister Nancy Heppner said.  “After more than a decade of planning and significant consultations with municipalities, stakeholders and the general public work will start in just a few short weeks, with the immediate priority being the long-awaited overpass at White City.”

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Mackenzie Valley Fibre Link Project Well Underway Print E-mail
Friday, 29 May 2015 11:29

mackenzie fibre link winter 2015The Mackenzie Valley Fibre Link (MVFL) project is a P3 involving the installation of 1,154 km of high-speed fibre optic telecommunications cable from McGill Lake to Inuvik in the Northwest Territories. It will connect communities along the Mackenzie Valley with Canada's fibre optic backbone network.

The 20-year agreement was signed with Northern Lights General Partnership, which is comprised of Ledcor and NorthwesTel.

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2015 National Award Applications Available Print E-mail

National Awards for Innovation and Excellence in Public-Private Partnerships

Applications are now available for the 2015 National Awards for Innovation and Excellence in Public-Private Partnerships. Apply now for projects in the categories of Project Financing, Service Delivery, Infrastructure and "Other". For more information, see the About the Awards page or apply now. The deadline for applications is September 3, 2015 at 12:00 p.m. EDT.

 
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