Perfect. Thank you.
Good morning.
PPP Canada is a crown corporation mandated to lead the government sector to improve the delivery of public infrastructure by achieving better value, timeliness, and accountability to taxpayers through the effective use of public-private partnerships in Canada.
PPP Canada is incorporated under the Canada Business Corporations Act by order, by Canada Development Investment Corporation. By order it was made a parent corporation under the Financial Administration Act. At its incorporation it was decided to make PPP Canada Inc. a non-agent crown corporation.
Division 3 of the BIA confirms that PPP Canada does not act as an agent of Her Majesty, except for certain activities. It is proposed that PPP Canada be recognized as an agent of the crown for activities related to the P3 screen on federal capital projects and for the provision of advisory services to federal departments and crown corporations on federal P3s, acting as a source of expertise and advice on P3s for departments and crown corporations.