Refine by MP, party, committee, province, or result type.
Government Operations committee On the value-for-money analyses per se, the summaries are provided publicly. I can't speak for every jurisdiction. I don't think the risk matrices per se are publicly available.
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee I guess the question then becomes what other controls are involved in that process. We started off by saying that we have several people at the table participating in these risk analyses. The business case per se, including the risk analysis, goes up through—if we look at the app
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee Your question is very interesting because Canada is now recognized as a leading country in the area of P3s and infrastructure development. We are now seeing Canadian businesses, including SNC-Lavalin, Fengate and other builders in Canada, bidding on infrastructure projects in Chi
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee If we look at the methodology that's used in Quebec, we see that there is no standard risk premium. The approach, which is one that is used in other jurisdictions as well, is to undertake a detailed risk analysis for the specific project. What do we mean by that? We hold risk wo
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee For example, during the construction phase, we might have 20 or 30 risks, each broken down and evaluated in order to put a dollar amount and a probability on it. Once we've done that work, it's all run through a Monte Carlo.... I don't mean to sound really technical. I mean that
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee And the evaluation of the implementation method has to be adapted to the specific characteristics of each project.
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee That depends on the level of risk transfer we want to accept. In the case of an NPO, where the public and private sectors are investors, the public portion is exposed to certain risks. Ultimately, the question is really whether, for a particular project or asset, the model seems
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee I have a job. Mr. Légaré is on salary, but I am a volunteer.
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee To whom are you putting that question?
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee Our organization is in fact really an association, somewhat like the Canadian Council for Public-Private Partnerships, whose representatives were here two or three weeks ago. We do not provide any services. We simply form an association that brings together public and private sec
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee I will answer you as a person who works in the sector. We at the institute obviously have a more general viewpoint. We promote P3s. However, as you say, we do not do so at all costs because the P3 model does not apply to all projects. So that is how I would answer you. As for th
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee Yes, if I may. Thank you. There was a rather timely article in the Quebec press yesterday—I'm not sure if any of you had a chance to take a look at it—about some of the experiences that we are having on infrastructure projects. The statement was that we are seeing cost overruns
November 1st, 2012Committee meeting
Johanne Mullen
Government Operations committee Thank you. I would invite my colleague, Roger Légaré, who is the managing director of our institute, to perhaps just say a few words of introduction in terms of our association and our mission, and then I'll chime in with my presentation right afterwards.
November 1st, 2012Committee meeting
Johanne Mullen