4
Figure 3: Number and Aggregate Capital Value of P3 Projects Closed in Canada
Source: P3 Canada
The increased adoption of P3s in Canada can be attributed, in part, to the creation of dedicated P3
agencies at the federal and provincial levels. At the federal level, in 2009, the government created PPP
Canada, a federal Crown corporation. In addition, according to a study by the Conference Board of
Canada, P3s have become an alternative financing solution for provinces such as Alberta, British
Columbia, Ontario, New Brunswick, and Quebec.
5
Moreover, P3s are continuing to gain momentum in
other jurisdictions. For example, the Government of Saskatchewan recently announced the creation of
SaskBuilds and the SaskBuilds Fund, which includes $150 million in support of P3 delivery. The industry
strongly supports recent initiatives by government to increase the number and breadth of infrastructure
investments, including P3s that are available in the Canadian market.
5
Conference Board of Canada. Canada as a Global Leader: Delivering Value through Public-Private Partnerships at
Home and Abroad. August 2013.
0
2
4
6
8
10
12
0
2
4
6
8
10
12
14
16
18
20
2005 2006 2007 2008 2009 2010 2011 2012
Number of Projects Capital Value
Number
of
Projects
CAD
$
Billion
