POLI 3P98 Lecture Notes - Lecture 8: Confederation Bridge, Limited Government, User Fee
Document Summary
A ppp is a long-term contractual arrangement between the public and private sectors where mutual benefits are sought and where ultimately (a) the private sector provides management and operating services and/or (b) puts private finance at risk (344). Infrastructure provision is largely the jurisdiction of the provincial and municipal governments rather than the federal government. Each government has been guided by their own objectives and policies. Highway 407 long term lease in the gta. Lack of upfront assessment to support the selection of a ppp. Contract instability that led to some concessions being renegotiated or terminated. Political objectives such as limiting the power of organized labour (347). Ppp to be considered for all infrastructure projects over a specific cost threshold. Formulation of special purpose ppp agencies with a mandate to promote and deliver ppp projects. Second wave of ppp in canada (provincial governments)