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Transport committee Well, Mr. Sullivan, it's interesting. We undertook a series of focus group discussions across the country over the past couple of months. We held two of them in Vancouver. Folks who were participating in those groups were asked to explain P3s. They did that quite well. Were the
May 12th, 2015Committee meeting
Mark Romoff
Transport committee There are several. In the health sector, Bridgepoint hospital is a public-private partnership. It's a stunning example. Governments own the hospital sites, so it's the Government of Ontario that owns Bridgepoint, but they did a complete redevelopment of that site by entering in
May 12th, 2015Committee meeting
Mark Romoff
Transport committee First of all, I don't think it's appropriate to say that there are only a small proportion of projects that are worthy of being P3s. What I said in my remarks is that 10% to 15% of all infrastructure projects in Canada are procured using the P3 methodology. Frankly, there's great
May 12th, 2015Committee meeting
Mark Romoff
Transport committee First of all, Ms. Young, thank you for the question, because I was beginning to feel a little left out.
May 12th, 2015Committee meeting
Mark Romoff
Transport committee With respect to the Canada Line, we at the council view that particular project as the shining star in the portfolio of P3 projects around Canada. There were significant costs and unbelievable timelines to have it delivered because, of course, as you may recall, it was a facili
May 12th, 2015Committee meeting
Mark Romoff
Transport committee Good afternoon, and thank you, Mr. Chair, members of the committee, the clerk, and staff for inviting me to speak with you today. The Canadian Council for Public-Private Partnerships is a non-partisan, not-for-profit organization, with more than 400 members from government and t
May 12th, 2015Committee meeting
Mark Romoff
Finance committee Mr. Chair, could I be so bold as to just mention to the committee members that should they wish to learn a little more about public-private partnerships, the council runs the largest conference in the world. It will be held in Toronto, November 3 and 4.
October 8th, 2014Committee meeting
Mark Romoff
Finance committee I was just going to add that you're absolutely right, Mr. Keddy, that the next iteration of P3s in Canada will be driven very much by municipalities and the aboriginal communities across Canada. They will by definition be equally complex projects, but significantly smaller. There
October 8th, 2014Committee meeting
Mark Romoff
Finance committee This is a question probably best addressed by the pension funds, but I'll take a shot at it. I think there are a couple of things at play. With respect to pension funds, the bottom line is that they tend to be risk averse, because they have to ensure they have a continuing strea
October 8th, 2014Committee meeting
Mark Romoff
Finance committee There are examples right across the country. We could start with British Columbia. The Canada Line, the transit system that connects the airport to downtown Vancouver, is an exemplary case of a successful public-private partnership. It is the best example, in the sense that the p
October 8th, 2014Committee meeting
Mark Romoff
Finance committee P3 projects make sense where you can demonstrate that the value for money for taxpayers is better than preceding with more traditional design-bid-build approaches. There are several advantages of a public-private partnership, but the principal advantage comes back to the point th
October 8th, 2014Committee meeting
Mark Romoff
Finance committee There are actually no examples in Canada where a P3 has gone ahead and has been a failure.
October 8th, 2014Committee meeting
Mark Romoff
Finance committee I'll make a couple of comments. Several projects you've mentioned are not P3s, so I would have that discussion with you about that.
October 8th, 2014Committee meeting
Mark Romoff
Finance committee UQAM is one of those. It's not a public-private partnership. The second thing, as I mentioned earlier, is P3s are not a panacea, but when they're done for the right reasons and when the contracts are structured appropriately, they have delivered results for us time and time agai
October 8th, 2014Committee meeting
Mark Romoff
Finance committee Thank you, Mr. Chair, for your patience.
October 8th, 2014Committee meeting
Mark Romoff