cover image: Policy Solutions for Ontario’s Prosperity Public-Private Partnerships: Is a reassessment

Policy Solutions for Ontario’s Prosperity Public-Private Partnerships: Is a reassessment

24 Nov 2023

4 the PPP deals themselves, and the projects the provincial government to remove were designed, built, financed, operated and the tolls.6 In Ontario, the provincial maintained by the private sector partner.5 government that came into office following the long-term lease of Highway 407 to Despite some projects like the Confederation Bridge being engineering a private concessionaire launched legal t. [...] Second Wave PPPs Faced with acute challenges to the future cost overruns, delays and performance of PPPs, beginning in the early 2000s, problems, achieving value for money the rationales and political economy and transferring risk to the private sector of PPPs in Canada shifted, as a second became the driving rationale for PPPs in wave emerged. [...] high profile public inquiry in 2022.16 In The province concluded that the model was Toronto, the Eglinton Crosstown light too restrictive for school officials to meet rail line is over budget and late, while the local needs (including the ability to adjust public agency managing the construction temperatures in the building due to strict has struggled to definitively say when the PPP contracts) or. [...] Nevertheless, a hot button of the sale, creating vast wealth for its issue at the time was significant cost current private and institutional owners; overruns and delays challenging major and the ironclad contract with the private hospital projects in the province.25 While operator has meant that the government the Ontario Liberals had campaigned is unable to compel the reduction of the in opposit. [...] In particular, the province was ‘closely watching’ the emergence of procurement models like the ‘progressive’ approach that entail a greater role for the public sector working closely with a private developer in project design and delivery than under the typical PPP model.27 Most recently in November of 2023, the provincial government also announced the creation of the Ontario Infrastructure Bank,.
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16
Published in
Canada