Finance committee  It's true that P3 projects in general achieve better value, both by delivering on time and on budget. In terms of completing projects, the federal experience so far has been relatively limited. Under the PPP Canada fund, only one project has been successfully completed. Others ar

Finance committee  The two provinces, I believe, submitted an application to the PPP Canada fund under round two, which closed in 2010, but the crown corporation determined that the ask was too large for the size of the PPP fund. I believe since then the provinces reoriented their ask to the federa

Finance committee  Budget 2011 announced that federal departments would be required to assess the suitability to PPP procurement for their capital projects with $100 million in spending—that's the threshold to apply the screen—for assets that would have a lifespan of 20 years. For such projects, de

Finance committee  Most of the interactions of PPP Canada with provinces involve the delivery of the PPP fund. In that respect, PPP Canada helps municipalities, provinces, and territories in developing projects that can be submitted for funding under the PPP fund.

Finance committee  As my colleague said, in each round, we saw increased interest by stakeholders—be they provinces, territories or municipalities. In the first round, I think 20 proposals were submitted. In the second round, the number of proposals was already up to 70. In the third round, there w

Finance committee  I want to begin by clarifying that most decisions to refuse requests are made by the corporation or its board of directors. Their mandate is to administer the fund. In most cases, refusals are simply due to the fact that people do not meet the minimum eligibility criteria. They s

Finance committee  That would be entirely possible. The Auditor General co-audits the corporation's financial statements. The Auditor General has the discretion to audit the corporation's management, administration and various services.

Finance committee  Yes, we have definitely looked at this report. It recommended that the Champlain Bridge be replaced and considered various options. That was an actual pre-feasibility study. The report shows that building a new bridge is justified. The tunnel option was rejected because it was co

Finance committee  Those reports have helped show that there was potential when it comes to carrying out the project as a PPP. However, a number of studies will have to be conducted to determine whether value for money is a possibility. In other words, it must be determined whether a proposal that

Finance committee  To deliver a project under any kind of delivery method, there needs to be a funding mechanism. It's either governments that provide funding or users. In the case of users, it would be a user fee. So for any kind of project, be it a P3 or not, user fees can be considered as a mean

Finance committee  There are many elements to your question. In terms of comparing bids, typically a government would decide in advance whether it wants to have an asset tolled, for example, or to have some sort of levy that would be raised against its expenditures. Different bidders would propose

Finance committee  As I mentioned, to fund the delivery of projects under any method of procurement, either governments provide funding or users contribute to the funding through user fees. We have seen a lot of P3 projects delivered without the recourse of user fees, at both the provincial and the

Finance committee  For example, the Government of Ontario is delivering a lot of hospitals with a P3—

Finance committee  There are no announced projects yet in the region of Toronto. There was one announced for Barrie last year. Other announcements will be made over the coming months for projects submitted under round three, so I invite you to stay tuned.

Finance committee  PPP Canada is the government's centre of expertise on P3s. In terms of other jurisdictions that have been seen as leading the P3 delivery method, Australia is one and the United Kingdom is another one. They do look at best practices and lessons learned that have come from the d