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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
May 17th, 2012Committee meeting
Maxime Beaupré
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
May 17th, 2012Committee meeting
Maxime Beaupré
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.
May 17th, 2012Committee meeting
Maxime Beaupré
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
May 17th, 2012Committee meeting
Maxime Beaupré
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
May 17th, 2012Committee meeting
Maxime Beaupré
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
May 17th, 2012Committee meeting
Maxime Beaupré