P3 2015 Conference Page Break Report

Canadian Council for Public-Private Partnerships 2015 P3 Conference Page Break Report

Prepared by Amberlight Productions January 9, 2015

Table of Contents Media In Attendance ……………………………..…………………5 Daily Reporter …………………………………………………….…9 Featured Conference Coverage …..………………………….….30 Conference Coverage ………………………………………….….33 Awards Coverage…………………………………………………107

Media In Attendance

Outlet Journalist Beyond The Headlines Kelley Pendergast

Bloomberg News Scott Deveau

BNN Paige Ellis

Mike Mitnik Greg Bunner Peter Lehman

Canadian Consulting Engineer

Bronwen Parsons

CBC Mary Webster Correio da Manha Luis Aparicio CPAC Ken Tierney

Justin Harris Melanie Gagnon Jean-Marc Lagrande Richard Sinha

CTV George Stamou Carol Charles

Daily Commercial News Lindsey Cole Peter Kenter Miguel Agawin Vince Versace Mark Cadiz

Equiptment Journal Nathan Medcalf

Financial Post Kristine Oaram

Freelance Sarah Reid Ken Mark

Globe & Mail Jaqueline Nelson

Oliver Moore IJGlobal David Samual

Sakshi Sharma

InfraAmericas Daniel Davies Brett Birman Juae Kim

Krank Communications Joel Krank

Lexpert Jean Cummings

Listen Magazine Brian Banks Marty Tully

Media Planet Ian Sonnick

National Post Drew Hasselback

On-Site Magazine Jim Baines Peter Leonard

P3 Bulletin Dan Colomnini David Karp Amanda Nicholls

Radio Canada Maxime Beauchemin

ReNew Canada Andre Voshart Elena Langlois Todd Latham

Reuters Euan Rocha

Toronto Star Tess Kalinowski

Women’s Post Sarah Thomson

Daily Reporter

NOVEMBER 2, 2015 WWW.P3-2015.CA ISSUE 1

DIGITAL EDITION

Find all event information and coverage through the P3 CONFERENCE APP, available at mobile.p3-2015.ca

Also visit dcnonl.com for further event coverage and the P3 DAILY REPORTER.

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New BrunswickEducation 2Environmental 2Hospitals & Healthcare 2Justice & Corrections 1Recreation & Culture 2Transportation 3

QuebecHospitals & Healthcare 9Justice & Corrections 1Recreation & Culture 2Transportation 6

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A closer look at the current public-private partnership landscape in Canada.

SESSION SNAPSHOTS

INSIDE THIS ISSUE

BREAKOUT SESSION 1A

The Competitive Advantage of Big DataWhat data is collected by whom? How can infor-mation silos be broken down? What are the opportunities for both public and private P3 stakeholders?

BREAKOUT SESSION 2A

P3s for Smaller Projects: Fantasy to FactThis thought-provoking session will look at the practicalities of getting the P3 model to work with smaller projects.

BREAKOUT SESSION 2C

Operational P3s: Project Stories from the TrenchesThis session will exam-ine the operational phas-es of several Canadian projects.

BREAKOUT SESSION 3C

P3 Design for 21st Century CitiesThis panel will take a look at several note-worthy projects and the sometimes challenging role of design excellence in the P3 model.

Agenda ...............................2Emerging Sectors ........4 to 8The State of P3s .................6Winner Profiles .................10

Putting Public Transit P3s on the Map

The Ontario and Quebec govern-ments understand the economic imperative of investing in public infrastructure and the value of lever-aging private sector financing and expertise to make projects happen. Ontario’s 2015 Budget included the largest infrastructure investment in the province’s history. As part of the 2015-2025 Québec Infrastructure Plan, Québec recently announced the acceleration of public infrastruc-ture investments as a stimulus for economic development. Hear these key cabinet ministers share their perspectives on infrastructure as an economic driver and views on the role that public-private partnerships can play in meeting their province’s public infrastructure needs.

Groundbreaking partnerships at P3 2015P3s and the Economic Imperative

FROM THE PRESIDENT AND CEOGENERAL SESSION 2

MORE SESSIONS ON PAGE 2

Mark Romoff President and CEO, CCPPP

“P3s are making our daily lives easier, creating jobs, growing the economy, and returning more money to governments”

With 17 projects at various stages of procurement, construction and operation, public transit is Canada’s latest P3 growth sector. Hear from agency heads about what’s driving the market, the experience with current projects and what’s coming next as this sector switches onto the fast track. See Active and Emerging Sectors Summary Pages 4 to 8

Welcome to the 23rd straight year of CCPPP’s must-attend annual gath-ering of P3 decision-makers. The

Annual CCPPP National Conference on Public-Private Partnerships is the premier international P3 event for 1,200 senior government and business leaders around the world to gather, meet, share stories, be inspired, and form groundbreaking busi-ness partnerships.

P3s are making our daily lives easi-er, creating jobs, growing the economy, and returning more money to govern-ments to reinvest in public services. In 2015, our industry is more robust and promising than ever, with 238 P3 projects across Canada, and with those already in operation or under construction, valued at more than $81 billion. They have become such an economic driver for infrastruc-ture delivery that, over the 10-year peri-od between 2003 and 2012, 121 P3 projects

in Canada created 290,000 direct full-time equivalent jobs, contributed $25.1 billion to direct GDP and generated $9.9 billion in cost savings and $7.5 billion in tax rev-enues to federal and provincial govern-ments. In a separate study, the Conference Board of Canada estimates that Canadian P3s deliver an average of 13 percent in savings when compared with convention-al projects.

This year, we have an outstanding array of speakers and sessions to enrich your conference experience. You will hear keynote addresses from public and pri-vate sector champions of infrastructure, including (in order of speaking engage-ment): His Worship John Tory, Mayor of Toronto, the Hon. Bob Rae, Former Interim Leader of the Liberal Party of Can-ada, Gary Horlick, a globally ranked top international trade lawyer, Michael Sabia,

CONTINUED ON PAGE 4

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AGENDA

DAY 1 7:00 Registration & Breakfast

8:00 Welcome & Opening Remarks Dale Richmond The Honourable John Manley Mark Romoff

8:25 Opening Keynote Address: His Worship Mayor John Tory Mayor Tory will share his plans for Toronto as well as how public-private partnerships can play an important role in getting cities moving.

8:50 General Session 1: Putting Public Transit P3s on the Map Hear from these agency heads about what’s driving the market, the experience with current projects and what’s coming next as this sector switches onto the fast track.

Moderator: Daniel Muzyka Panel: Ehren Cory, John McBride, Amanda Farrell and Rob Holden

9:50 Networking Break

10:20 General Session 2: P3s and the Economic Imperative Hear these key cabinet ministers share their perspectives on infrastructure as an economic driver and views on the role that public-private partnerships can play in meeting their province’s public infrastructure needs.

Moderator: The Honourable Perrin Beatty, President and Chief Executive Officer, Canadian Chamber of Commerce Panel: The Honourable Charles Sousa, The Honourable Carlos Leitão

11:40 Breakout Sessions

1A: The Competitive Advantage of Big Data What data is collected by whom? How can information silos be broken down? What are the opportunities for P3 stakeholders?

Moderator: Robert Palter Panel: Matti Siemiatycki, David Bowcott, Olivia Steedman and Grant Headrick

1B: Strategies to Drive P3 Adoption in Canada’s First Nation Communities This session will examine the barriers that exist to First Nations accessing P3s to improve the quality of life in their communities and how they can be addressed.

Moderator: Clint Davis Panel: Manny Jules, JP Gladu, Daniel C. Cardenas Jr. and Tedd Howard

1C: Balancing the Scales: Fine Tuning P3 Procurement Standardization, performance requirements, conflict of interest and other critical issues affecting the P3 procurement process will be examined by the panel.

Moderator: Chris Bennett Panel: Marni Dicker, Doug Sanders and Judy Wilson

12:50 Keynote Address: The Honourable Bob Rae, Former Interim Leader, Liberal Party of Canada The Honourable Bob Rae provides insights on Canada’s newly elected government’s platform for infrastructure development and the role of public-private partnerships in the agenda.

3760 14th Avenue (6th Floor) Markham, ON L3R 3T7Phone: (905) 752-5408 Fax: (905) [email protected]@DCN_Canada

VP, GMMark Casaletto

Director of Sales, MarketingPeter Rigakos

Director of ContentMarg Edwards

Managing EditorVince Versace

Staff WriterLindsey Cole

ContributorPeter Kenter

MultimediaMark Cadiz

Editorial AssociateMaggie Cadeau

Page DesignMiguel Agawin

Marketing & Communications ManagerJessica Wood

1:20 CCPPP National Awards for Innovation & Excellence in P3s Luncheon

2:35 Keynote Address: Edmundo Gamas, Executive Director, Mexican Institute of Infrastructure Development (IMEXDI)



2A: P3s for Smaller Projects: Fantasy to Fact This thought-provoking session will look at the practicalities of getting the P3 model to work with smaller projects.

Moderator: Stephen Frank Panel: Audrey Cudrak, Michael Bernstein and Joey Comeau

2B: Adapting the P3 Model for Today’s Realities – The Global Perspective This session will examine how public sector agencies around the world are adapting their procurement models to successfully break into different sectors, attract bidders, increase public confidence in the procurement process and ultimately provide better value for money.

Moderator: John McArthur Panel: John McKendrick, Stephen Selwood, Clemente Del Valle and Vincent Joli-Coeur

2C: Operational P3s: Project Stories from the Trenches This session will examine the operational phases of several Canadian projects.

Moderator: Michael Marasco Panel: Mark McClenaghan, Patrick Gilmour, Frank Pigeon and Ian Sinclair


3A: Power to the Future: Partnerships for Electrical Transmission While the predominant design-bid-build process limits the innovation and flexibility of the private sector during project delivery, Alberta and other jurisdictions are showing increasing interest in using the P3 model to better leverage private sector expertise.

Moderator: Don Fairbairn Panel: David Erickson, Dale Sager and B.J. Ducey

3B: Boldly Go: Exploring The Next Generation of P3s in the USA This panel of P3 leaders from the US federal government and states with active P3 programs will discuss the common and unique issues they’re facing and how they can light up the competitive market and get the best bang for their buck.

Moderator: Nicholas Hann Panel: Shoshana Lew, Shailen Bhatt and The Honorable Gregory Steube

3C: P3 Design for 21st Century Cities This panel will take a look at several noteworthy projects and the sometimes challenging role of design excellence in the P3 model.

Moderator: Lisa Rochon Panel: Andrew King, Donald Schmitt and Michael Houle

6:00 First Night Reception

8:00 Young Leaders in Infrastructure Reception

DAY 2 7:15 Breakfast

7:45 CCPPP Annual General meeting

8:30 Day 2 Opening Remarks Mark Romoff

8:35 Opening Keynote Address: Gary Horlick, Globally-Ranked Top International Trade Lawyer

9:00 General Session 3: Southeast Asia: Emerging P3 Markets Moderator: Susan Gregson Special Address: Bambang Susantono Panel: Cosette Canilao, Robert Pakpahan and Trevor Lewis


10:20 General Session 4: Checking the Canadian P3 Pulse Moderator: Nik Nanos Panel: Saskatoon Mayor Don Atchison, Chief Clarence Louie and David Caplan


4A: Pushing the Boundaries of Pension Fund Investments Moderator: Dr. Jack Mintz Panel: Andrew Claerhout, Lou Serafini Jr., Tom Osborne and Bruce Hogg

4B: In Conversation with Canada’s Port Authorities: Is There a Sea Change? Moderator: Fred Blaney Panel: Cliff Stewart, George Malec, Bryan Richards and Geoff Wilson

4C: Testing Their Mettle: How P3 Models Can Enable Mining Infrastructure Moderator: Gillian Davidson Panel: Brent G. Bergeron, Thilo Tecklenburg, Colin Joudrie and John M. Beck

1:00 Keynote Address: Michael Sabia, President and Chief Executive Officer, Caisse de dépôt et placement du Québec Hear from Mr. Sabia about this innovative approach that would allow governments, as guardians of the public interest, to deliver high-quality public infrastructure on budget, on time and with value for taxpayers.

1:25 Luncheon & Celebration of CCPPP’s 2015 P3 Champion and the Inaugural Women’s Infrastructure Network (WIN) Awards

2:30 Keynote Address: Honourable Steven Del Duca, Ontario’s Minister of Transportation Minister Del Duca will outline his government’s commitments to much-needed transit and transportation infrastructure to keep Ontarians moving and how the AFP/P3 model may help achieve those goals.

2:55 Panel 1: High Speed Rail: Finding Its Place in North America Moderator: Conor Kelly Panel: Rob Holden, Sebastien Sherman, Tim Keith and Huang Difu


4:15 Panel 2: Electrification: Supercharging Commuter Rail Moderator: Johanne Mullen Panel: Bruce McCuaig, Claire Stewart, Guillaume Bouthillier and Mark Williams

5:15 Closing Networking Reception

DIGITAL EDITIONFind all event information and coverage through the P3 CONFERENCE APP, available at mobile.p3-2015.ca


NOVEMBER 2, 2015 WWW.P3-2015.CA 3

Transforming North America’s public private partnerships, one project at a timeWe deliver independent advice that helps our public and private sector clients get more from their assets. We’re a leading program management and construction consultancy and the team behind the creation and operation of many of the world’s biggest projects and programs.

www.turnerandtownsend.com

$16 bn DBFM projects We have provided advice on DBFM P3 projects in North America with a capital value over $16bn.

60+ ProjectsWe have advised on over60 P3 projects across North America.

Diverse Sector coverageProject experience in air, rail, roads, water, healthcare, education, justice, housing, telecoms and sports.

For further information:Gerard McCabe, Managing Directorc: +1 416 564 5414e: [email protected]

Dominic Leadsom, Head of P3 Advisoryc: +1 416 388 8739e: [email protected]

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FROM THE PRESIDENT AND CEO

ACTIVE & EMERGING SECTORS SUMMARY

Hospitals continue to lead the Canadian P3 project pipeline, with two active provinces (B.C. and Ontario) and Saskatchewan emerging as the latest province to develop a P3 hospital. With 52 projects now operational in Canada, this mature sector is evolving, along with healthcare itself, to include more consideration of clinical outcomes. It is expected that five to eight hospital projects will come to market annually across the country for the foreseeable future. Breakout Session 2C will be discussing the O&M side of hospitals and other sectors.

In Procurement

9Under Construction

27Operational

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Public Transit

In Procurement

4Under Construction

10Operational

3

With several large-scale transit projects planned, in procurement and under construction, this is the sector to watch. Municipalities acknowledge that senior level government funding is key to development of transit and many are viewing the P3 model as a viable way to contain costs on projects that traditionally run over. Quebec and Ontario are the provinces with the biggest potential deal flow and the funding issue in B.C. is top of mind for many in the market. As more experience with the full DBFM spectrum rolls out, greater confidence from the owner side with this approach is anticipated. There are several sessions discussing transit and regional transit throughout the two days of the conference.

B.C. Cancer Agency Centre for the North, Prince George, B.C.

Confederation Line, Ottawa, Ont.

Hospitals & Long Term CarePresident and Chief Executive Officer of Caisse de dépôt et placement du Québec, and the Hon. Steven Del Duca, Ontario Minister of Transportation. We also have 18 exciting and informative panel sessions where experts will share their experiences and best practices in a variety of established and emerging P3 fields.

Notably, the program includes a panel fea-turing the ministers of finance from Québec and Ontario who will discuss the economic imperative of investing in public infrastruc-ture and the value of leveraging private sector financing and expertise to make projects hap-pen. We will also hold a thought-provoking session on P3s for First Nation communities. We will look at important developments in a number of important P3 sectors, including unprecedented investments in public transit projects in Canada’s major cities that dem-onstrate that P3s are increasingly trusted for the delivery of first-rate infrastructure and services.

The afternoon of November 3rd will be dedicated to North American rail projects — a high-priority sector for public-private partnerships — and will feature a key-note address by the Hon. Steven Del Duca, Ontario’s Minister of Transportation. This part of the program promises stimulating back-to-back international panels on high-speed rail in North America and commuter rail electrification.

According to a Nanos Research nation-al poll commissioned by CCPPP, 62 per-cent of Canadians are open to P3s to build infrastructure and deliver public services. The research also found that a majority of Canadians support the use of P3s across key sectors of the economy, including transit systems, roads, social housing and hospitals. In one of our general sessions at this year’s conference, Nik Nanos of Nanos Research will present his findings from his latest research — focus groups across Canada and interviews with municipal and aboriginal decision-makers — and will lead a moderat-ed discussion with municipal and aboriginal leaders about the impact of public opinion on P3 decision making.

There will be a definite international fla-vour to our conference again this year with attendees and speakers from around the world. The program includes panels that will focus on emerging P3 markets in South East Asia and the next generation of P3s in the United States. And, back by popular demand, the International Café will feature Canadian Trade Commissioners and experts from Export Development Canada and the Canadian Commercial Corporation on tap to meet with delegates. If your company is con-sidering entering the international P3 mar-ket, these are the people who can help launch your global enterprise and your great ideas.

Our 2015 program also includes a celebra-tion of this year’s five recipients of CCPPP’s National Awards for Innovation and Excel-lence in Public-Private Partnerships (P3s) at our luncheon on November 2nd. We will be profiling CCPPP’s 2015 P3 Champion and the 2015 Women in Infrastructure (WIN) Award finalists and winners at our luncheon on November 3rd.

This is just the tip of the iceberg. Peruse the program to take full advantage of all these wonderful learning and development oppor-tunities and more, and — most of all — have a great time at P32015!

CONTINUED FROM PAGE 1




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Specialists in Infrastructure


THE STATE OF P3sA closer look at the current public-private partnership landscape in Canada

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British ColumbiaEducation 1Energy 3Environmental 8Hospitals & Healthcare 13Justice & Corrections 4Real Estate 2Recreation & Culture 3Transportation 9

AlbertaEducation 4Energy 1Environmental 5Hospitals & Healthcare 1Justice & Corrections 1Recreation & Culture 1Transportation 8

SaskatchewanEducation 2Environmental 1Hospitals & Healthcare 2Recreation & Culture 1Transportation 3

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In Procurement

ACTIVE & EMERGING SECTORS SUMMARY (Cont’d.)

5Under Construction

7Operational

22Road and bridge P3s represent the largest sector value of $25.3 billion. Projects currently in procurement include the Gordie Howe International Bridge and Highway 427 expansion in Ontario and the Calgary Southwest Ring Road. The sector is expected to remain active in several jurisdictions across the country, with more activity beginning at the municipal level.

Justice & Corrections

In Procurement

0Under Construction

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This sector has slowed in the past two years, with no projects currently in procurement. Ontario has indicated the OPP Modernization Phase 2 and Toronto Regional Courthouse will enter the market in the next six months. The Sorel-Tracy Detention Centre in Quebec and the Okanagan Correctional Centre in B.C. are currently under construction, with both slated to open in 2016. Hear more about the operational side of these projects in Breakout Session 2C – Operational P3s: Project Stories from the Trenches.

South Fraser Perimeter Road, B.C.

OPP Modernization Phase 2, Ontario

Transportation (Roads, Bridges)

Data Source: Canadian Council for Public-Private Partnerships Project Database




Water & Wastewater

In Procurement

4Under Construction

3Operational

11Biosolids and organics recycling appear to be the most active project types in this sector, with the Hamilton Biosolids Project and Victoria Biosolids Energy Centre in procurement. The Calgary Composting Facility and Surrey Biofuel Processing Facility are under construction, expected to open in the next two years. The Saint John’s, N.L. water treatment project is expected to announce the preferred proponent soon. Contracts with the full spectrum of design, construction, financing, operations and maintenance are on the rise compared to previous years, reflecting a higher comfort level with private operations.

Education (Schools & Post-Secondary)

In Procurement

4Under Construction

3Operational

7Post-secondary facilities and accommodation are gaining traction in this P3 sector. The Keyano College Student Residence in Alberta, Southeast College Affordable Housing project and SIAST Student Housing Project in Saskatchewan, Seneca College expansion and McMaster Graduate Student Residence in Ontario, are all in procurement. There are two post-secondary projects under construction in B.C. and Ontario, and the Saskatchewan Joint-Use schools began construction in September. There is significant potential for P3 market growth in this sector, with post-secondary leading the way.

Regina Wastewater Treatment Plant

Britannia Mine Water Treatment Plant

Saskatchewan Joint-Use Schools

Red Ball Internet Centre, Moncton, N.B.

Recreation & Culture (Sports/Recreation Facilities, Arts Centres)

In Procurement

4Under Construction

4Operational

9With several projects dating back more than a decade, this sector has showed some renewed life lately, with the Surrey project in B.C. and Canadore College Multi-Purpose Sports Facility in Ontario, both in procurement. The Moncton Downtown Centre in New Brunswick and the Wood Buffalo Sports and Entertainment Centre in Alberta are slated to begin construction in the next few months. With capital values often less than $100 million, many of these projects are proof that the P3 model can be successful on a smaller scale. Learn more at Breakout Session 2A, which will be tackling that issue.Data Source: Canadian Council for Public-Private Partnerships Project Database

ACTIVE & EMERGING SECTORS SUMMARY (Cont’d.)




W E B R I N G I N F R A S T R U C T U R E T O L I F E

The success of our projects is a result of our commitment to innovation and excellence in all aspects of delivery, and to a truly collaborative approach - features that we adhere to as the established hallmarks of Plenary Group’s values. This, in turn, is a direct reflection of the expertise, quality and dedication of both Plenary’s own great team and our numerous business partners who complement us in making our projects become a reality.

Plenary Group would like to congratulate Humber River Hospital for winning the 2015 Gold Award for Infrastructure, and the Okanagan Correctional Centre for winning the 2015 Silver Award for Community Involvement. We are honoured to have played a part in the creation of these two world-class facilities.


2015 WINNERS18th Annual Awards for Innovation and Excellence in P3s

Gold Award for Effective ProcurementNew Champlain Bridge Corridor Project

New Champlain Bridge Corridor Project – a partnership of the Government of Canada and Signature on the Saint-Laurent Group (a consortium led by ACS Infrastructure Canada, Hochtief PPP Solutions and SNC-Lavalin) – is one of the largest infrastructure projects in North America. Located in Montreal, Qué., the Champlain Bridge is one of the busiest crossings in Canada and a key component of the Continental gateway and trade corridor. The New Champlain Bridge Corridor Project will modernize the Champlain Bridge corridor and provide world-class infrastructure to Montrealers, including two new bridges with a lifespan of 125 years.

The new bridge over the St. Lawrence River will replace and modernize the aging Champlain Bridge and will also provide a central corridor exclusively dedicated to public transit capable of accommodating buses or a light rail system. The project also includes a new Île-des-Sœurs bridge, reconstruction of Highway 15 on Île-des-Sœurs and reconstruction and widening of Highway 15 on the Island of Montréal. Construction on the bridge began this summer and it is targeted for service by 2018, with the remainder of the corridor completed by October 2019.

Gold Award for Project FinancingEglinton Crosstown Light Rail Transit Project

The Eglinton Crosstown LRT – a partnership of Infrastructure Ontario, Metrolinx, and Crosslinx Transit Solutions General Partnership (a consortium comprising four equal partner companies including ACS Infrastructure Canada, AECON, EllisDon and SNC-Lavalin) – is the largest transit expansion in Toronto’s history and the first transit project to receive funding through green bonds for environmentally friendly infrastructure. Once completed in 2021, the Eglinton Crosstown will be one of the largest P3 (known as Alternative Financing and Procurement – AFP in Ontario) projects in the country. The new LRT will move people up to 60 percent faster than existing bus services, accommodate more than ten times as many passengers, and provide a seamless customer experience between the new Metrolinx-owned LRT line and the existing GO Transit network and Toronto Transit Commission’s (TTC) owned-and-operated system.

Silver Award for Innovative PartnershipsSaskatchewan Joint-Use Schools Project 1 and 2 (“SJUSP I” and “SJUSP II”)

The Saskatchewan Joint-Use Schools Project 1 and 2 (“SJUSP I” and “SJUSP II”) – a partnership between SaskBuilds and the Joint Use Mutual Partnership team led by Concert Infrastructure Ltd. – is the largest new schools construction project in Saskatchewan’s history. The P3 project includes the design and delivery of 18 modern state-of-the-art schools on nine joint-use sites in the communities of Regina, Saskatoon, Martensville and Warman. The SJUSP I and SJUSP II project addresses the unprecedented growth taking place in these communities and will alleviate the pressures being placed on existing area schools by providing space for 11,100 students from kindergarten to grade eight. Furthermore, the projects demonstrate the value of delivering smaller facilities in a bundled P3 approach. The facilities will also include an additional 810 spaces of childcare and community resource space, and incorporate First Nations’ educational needs. The new schools will be ready in time for students in September 2017, and fully owned and operated by the school divisions.

Silver Award for Community InvolvementOkanagan Correctional Centre (OCC) Project

The Okanagan Correctional Centre project – a groundbreaking partnership of the Government of British Columbia, the Osoyoos Indian Band, and a private-sector consortium led by Plenary Group – is the first maximum-security correctional centre to be built on First Nations land in British Columbia, and it was done as a full P3. The state-of-the-art facility is currently under construction in the Senkulmen Business Park in Oliver, B.C., part of the Osoyoos Indian Band’s traditional Reserve lands. Once operational in early 2017, the OCC will more than double corrections capacity in B.C.’s interior, improve safety for staff and inmates and act as an ongoing economic catalyst in an economically depressed region of the province.

Gold Award for InfrastructureHumber River Hospital Project

The new Humber River Hospital – a partnership of Humber River Hospital, Infrastructure Ontario, and Plenary Health Care Partnerships – is one of Canada’s largest acute care hospitals and North America’s first fully integrated and interoperable digital hospital. This P3 project is a state-of-the-art facility covering 30 acres, designed to serve more than 850,000 people in the northwestern Greater Toronto Area. The hospital, which opened its doors to the public on Oct. 18, stands at the forefront of innovation and is recognized widely as using some of the most modern technologies in the medical field.




Founded in 2000, P1 Consulting has become one of Canada’s most dynamicand progressive consulting firms with a strong reputation in the fields of facilities management, fairness and public private partnerships.

To date, P1 Consulting has participated as an advisor on over 80 public private partnership projects in North America, with municipal, provincial/state, and federal agencies. P1 Consulting’s knowledgeable team of experts are flexible, effective and solution oriented.

…you delivered practical and insightful advice in response to challenges that our organization had never faced before. The kind of advice that you can use to make difficult decisions with the comfort of being accurate. Advice that only comes from an expert knowledge of how we do business and what the Government is trying to achieve.

– Senior Vice President, Infrastructure Ontario

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Fairness Advisory Services Facilities Management Advisory Services Corporate Real Estate Advisory Services

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INNOVATION EXCELLENCE

Gold Silver Research Contributor

T H A N K Y O U T O O U R 2 0 15 N AT I O N A L AWA R D S S P O N S O R S

GOLD AWARD FOR INFRASTRUCTURE Humber River Hospital, a partnership of Infrastructure

Ontario and Plenary Health Care Partnerships: Plenary Group/HCP Social Infrastructure, Innisfree,

PCL Constructors and Johnson Controls.

GOLD AWARD FOR EFFECTIVE PROCUREMENT

New Champlain Bridge Corridor Project, a partnership of the Government of Canada and Signature on the

St. Lawrence, a consortium composed of: ACS Infrastructure Canada Inc. HOCHTIEF PPP Solutions North America,

Inc., SNC-Lavalin Capital Inc., Dragados Canada, Inc., Flatiron Construction Canada Limited,

SNC-Lavalin Major Projects Inc., MMM Group Limited, SNC-Lavalin Inc., TY Lin International and

International Bridge Technologies Canada Inc.

GOLD AWARD FOR PROJECT FINANCING Eglinton Crosstown Light Rail Transit, a partnership

of Infrastructure Ontario, Metrolinx and Crosslinx Transit Solutions a consortium of four equal partners: ACS Infrastructure Canada Inc., Aecon Concessions,

EllisDon Capital Inc. and SNC Lavalin Capital Inc.

SILVER AWARD FOR COMMUNITY INVOLVEMENTOkanagan Correctional Centre Project, a partnership of the Province of British Columbia, Partnerships British Columbia and Plenary Justice, a consortium composed of Plenary Group (Canada) Ltd., Canada Life Assurance Company, Great-West Life Assurance Company, Manufacturers Life Insurance Company, DGBK Architects, PCL Constructors West Coast Inc., Honeywell Ltd. (Canada), MMM Group and Bush Bohlman.

SILVER AWARD FOR INNOVATIVE PARTNERSHIPSSaskatchewan Joint Use School Projects 1 and 2, a partnership of SaskBuilds, Saskatchewan Ministry of Education, and Joint Use Mutual Partnership a consortium composed of Concert Infrastructure Ltd., Bird Capital Limited, Bird Construction, Wright Construction Western Inc., GEC Architecture, Kindrachuk Agrey Architecture, Johnson Controls Inc., and Scotiabank.

2015 CHAMPION AWARDSarah Clark, Chief Operating OfficerFraser River Pile and Dredge (GP) Inc. and Former President and CEO, Partnerships British Columbia

THE C A N A D I A N COUNC I L F OR P UB L I C - PR I VAT E PA RT N E R S H I PS

WOULD LIKE TO CONGRATULATE THE FOLLOWING RECIPIENTS

OF THE 2015 NATIONAL AWARDS FOR I NNOVATION

AND E XCE LLENCE IN PUBLIC-PRIVATE

PARTNE RSHIPS

NOVEMBER 3, 2015 WWW.P3-2015.CA ISSUE 2

MARK CADIZ / DAILY COMMERCIAL NEWS

Mark Romoff, CCPPP president and CEO joined John Tory, Toronto’s mayor, on stage after his opening keynote address kicked off P3 2015. Tory said P3s will certainly be considered as a potential project delivery option as Toronto tackles its future transit and infrastructure projects.

under central London to Shenfield and Abbey Wood in the east. There will be 40 Crossrail stations. The total funding available for the project is £14.8 billion or about $23 billion.

Tory mentioned how the Canary Wharf Crossrail station was designed and built by the private sector, costing $300 million less than was originally thought.

Toronto’s mayor believes there needs to be “a change in the culture of govern-ment” as in some instances publicly-run projects can end up costing more with delays and overruns. He mentioned the Union Station revitalization and Spa-dina subway projects as examples.

“These projects that have run bil-lions of dollars over budget in total and years late, all have common characteris-tics,” he said.

DIGITAL EDITIONFind all event information and coverage through the P3 CONFERENCE APP at mobile.p3-2015.ca

Follow #P32015 for live updates.

Visit dcnonl.com for further event coverage and the P3 DAILY REPORTER. You can also find the wrap up edition on Friday, Nov. 6.

SESSION SNAPSHOTS

INSIDE THIS ISSUE

GENERAL SESSION 3

Southeast Asia: Emerging P3 MarketsGary Horlick will pro-vide an overview of the political context and content of the new Trans-Pacific Partner-ship (TPP) and offer his seasoned insights on its effect throughout North America and the Pacific Basin.

GENERAL SESSION 4

Checking the Canadian P3 PulseNanos Research recently conducted public opin-ion research for CCPPP exploring the views of the general public on P3 projects as well as those of key decision makers. Nik Nanos will present his findings and then lead a moderated dis-cussion with provincial, municipal, and aboriginal leaders about the impact of public opinion on P3 decision making.

BREAKOUT SESSION 4A

Pushing the Boundaries of Pension Fund Investments

This session will explore where pension fund investments in infra-structure are heading and where P3s remain an attractive choice.

Agenda / Tweets .................2Snapshot Gallery ................4Sessions ......................4 to 6

Tory states P3s are in play for Toronto

It cannot be a matter of ideology. It is a matter of efficiency. It is matter of practicality. It is a matter of accountability.JOHN TORYMayor of Toronto

SEE POLITICAL ON PAGE 4

LINDSEY COLE

Toronto mayor John Tory said a recent business mission to London, England sent a strong signal about

the value of private sector ingenuity to fund and build major transit infrastruc-ture projects.

“I wanted to see with my own eyes their infrastructure and their approach because I knew that it could help to inform my vision for the city and what we’re trying to build here,” he told members of the audience in his address at the 23rd annual Canadian Council for Public-Private Partnerships (CCPPP) national conference.

“In London they are not afraid of a robust role of the private sector and neither am I,” he stated, adding the per-ception of P3s (public-private partner-ships) still needs to be addressed.

“It cannot be a matter of ideology. It is a matter of efficiency. It is matter of prac-ticality. It is a matter of accountability.”

During his London trip, Tory visited a construction site for London’s Cross-rail, which he states has many parallels to SmartTrack. He also explored the Canary Wharf business district.

“These infrastructure projects all involve, without exception, a substantial role for the private sector. It’s just not a question or a debate,” he explained. “It’s almost seen as a necessity to getting these things done.”

The Crossrail is Europe’s largest con-struction project, a website dedicated to the project reads, and is slated to “transform rail transport” in London, increasing its central rail capacity by 10 per cent. The route will run over 100 kilometres from Reading and Heath-row in the west, through new tunnels

See the P3 2015 Snapshot Gallery on Page 4


Agenda

DAY 2 7:15 Breakfast

7:45 CCPPP Annual General meeting

8:30 Day 2 Opening Remarks Mark Romoff

8:35 Opening Keynote Address: TPP and the Future Buildout of North America Gary Horlick will provide an overview of the political context and content of the new Trans-Pacific Partnership (TPP) and offer his seasoned insights on its effect throughout North America and the Pacific Basin.

9:00 General Session 3: Southeast Asia: Emerging P3 Markets What sectors look promising and what are governments doing to emulate the success of other international P3 market leaders? Moderator: Susan Gregson Special Address: Bambang Susantono Panel: Cosette Canilao, Robert Pakpahan and Trevor Lewis


10:20 General Session 4: Checking the Canadian P3 Pulse Nanos Research recently conducted public opinion research for CCPPP exploring the views of the general public on P3 projects as well as those of key decision makers. Nik Nanos will present his findings and then lead a moderated discussion with provincial, municipal, and aboriginal leaders about the impact of public opinion on P3 decision making. Moderator: Nik Nanos Panel: Saskatoon Mayor Don Atchison, Chief Clarence Louie and David Caplan


4A: Pushing the Boundaries of Pension Fund Investments This session will explore where pension fund investments in infrastructure are heading and where P3s remain an attractive choice. Moderator: Dr. Jack Mintz Panel: Andrew Claerhout, Lou Serafini Jr., Tom Osborne and Bruce Hogg

4B: In Conversation with Canada’s Port Authorities: Is There a Sea Change? As the need for new, upgraded, and expanded infrastructure rises at Canadian ports, this session will explore whether P3s are a solution and what lessons can be learned from other jurisdictions. Moderator: Fred Blaney Panel: Cliff Stewart, George Malec, Bryan Richards and Geoff Wilson

4C: Testing Their Mettle: How P3 Models Can Enable Mining Infrastructure Can the P3 approach improve access to finance and deliver better value to mining companies, government, and to the public? Moderator: Gillian Davidson Panel: Brent G. Bergeron, Thilo Tecklenburg, Colin Joudrie and John M. Beck

1:00 Keynote Address: Michael Sabia, President and Chief Executive Officer, Caisse de dépôt et placement du Québec Hear from Mr. Sabia about this innovative approach that would allow governments, as guardians of the public interest, to deliver high-quality public infrastructure on budget, on time and with value for taxpayers.

1:25 Luncheon & Celebration of CCPPP’s 2015 P3 Champion and the Inaugural Women’s Infrastructure Network (WIN) Awards

North American Rail P3s

2:30 Keynote Address: Honourable Steven Del Duca, Ontario’s Minister of Transportation Minister Del Duca will outline his government’s commitments to much-needed transit and transportation infrastructure to keep Ontarians moving and how the AFP/P3 model may help achieve those goals.

2:55 Panel 1: High Speed Rail: Finding Its Place in North America What are the political, economic, technological and financial issues that governments need to consider in deciding whether to pursue high speed rail? Can the P3 delivery model provide governments with the impetus to build a network to connect our cities? Moderator: Conor Kelly Panel: Rob Holden, Sebastien Sherman, Tim Keith and Huang Difu


4:15 Panel 2: Electrification: Supercharging Commuter Rail What international best practices can we employ here at home? How can the necessary talent and expertise be attracted and retained? How can the P3 model contribute? Moderator: Johanne Mullen Panel: Bruce McCuaig, Claire Stewart, Guillaume Bouthillier and Mark Williams

5:15 Closing Networking Reception

3760 14th Avenue (6th Floor) Markham, ON L3R 3T7Phone: (905) 752-5408 Fax: (905) [email protected]@DCN_Canada

VP, GMMark Casaletto

DIRECTOR OF SALES, MARKETINGPeter Rigakos

DIRECTOR OF CONTENTMarg Edwards

MANAGING EDITORVince Versace

STAFF WRITERLindsey Cole

CONTRIBUTORPeter Kenter

MULTIMEDIAMark Cadiz

EDITORIAL ASSOCIATEMaggie Cadeau

PAGE DESIGNMiguel Agawin

PRODUCTION MANAGERErich Falkenberg

SALES MANAGER – MEDIA EASTERN CANADARob Elias

MARKETING & COMMUNICATIONS MANAGERJessica Wood

CCPPP @pppcouncil 1:44 p.m. - 2 Nov 2015.@BobRae48 on public & private collaboration at #P32015. Thank you for a

fantastic keynote!

CCPPP @pppcouncil 8:43 a.m. - 2 Nov 2015Mayor @JohnTory “Not afraid

of a robust role of the private sector” #P32015

CCPPP @pppcouncil 8:45 a.m. - 2 Nov 2015What the private expects from

people in public office is that they get things done - @JohnTory #P32015

Tim Echols @timechols 12:46 PM - 2 Nov 2015“P3s are not about dumping

risks. It is about deciding who retains what risks and why.” --Audrey Cudrak, @EPCOR Utilities at #P32015

#P32015


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60+ ProjectsWe have advised on over60 P3 projects across North America.

Diverse Sector coverageProject experience in air, rail, roads, water, healthcare, education, justice, housing, telecoms and sports.

For further information:Gerard McCabe, Managing Directorc: +1 416 564 5414e: [email protected]

Dominic Leadsom, Head of P3 Advisoryc: +1 416 388 8739e: [email protected]

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Keynote speakers and sessions at the first day of the P3 2015 conference drew over 1,200 delegates. PHOTO BY JASON ACTON / CCPPP. ALL PHOTOS BELOW BY MARK CADIZ / DAILY COMMERCIAL NEWS

The Honourable Bob Rae

Marc Brazeau and Alexandre Reindeau Andrea Mulholland and Derron BainThe Honorable Gregory Steube

Mike Marasco, Dr. Rueben Devlin, and Angelo Gismondi

Snapshot GallerySessions

Governments have been guilty of chang-ing the scope of projects, adding demands, low-balling the price estimate for “political purposes to get things approved.”

“Sometimes it suited somebody’s politi-cal agenda,” he added. “Bad contracts have been signed — contracts that failed to protect the city from risk. It’s costing us money. It’s causing us to fall further behind on infrastructure that must be built.”

And, most importantly, it’s causing the public to lose faith in government, he said. Thus, all avenues need to be explored when it comes to funding models and project delivery.

A recent example is Toronto City Coun-cil’s decision to proceed with a P3 to fund the Gardiner Expressway rehabilitation.

“The procurement approach we’ve chosen to take now will reduce the time it takes to reconstruct the Gardiner Express-way. It’s going to be six years instead of 20,” he said and will save around $500-million over the life of the contract. The entire esti-mated cost for the Gardiner is $3.8 billion over 30 years.

When it comes to future projects, such as Tory’s SmartTrack and the Scarborough subway extension, Toronto’s mayor stated all avenues will be explored.

“I will not be going forward with any

of these projects without examining the option of doing them as a P3. I think it’s irresponsible not to consider that option,” he said, adding it’s time to “put everything on the table.”

Former Canadian deputy prime minis-ter John Manley, who is also the honorary chair of CCPPP, shared similar views that government should tap into the private sector whenever it can.

“We’ll need governments at all levels, working closely with the private sector, to effectively address today’s infrastructure challenges,” he said.

“P3s are not a panacea, but when done for the right reasons they can produce some incredible social and economic results.”

CONTINUED FROM PAGE 1

Political agendas can lead to bad contracts

Communication a key building block for transit P3s: panelLINDSEY COLE

Often times with complex projects there is a “need to go slow, to go fast,” stated Infrastruc-ture Ontario’s Ehren Cory during a transit

P3s panel discussion at the 23rd annual Canadian Council for Public-Private Partnerships (CCPPP) national conference in Toronto.

“I think the investment you make up front, in setting up the governance and making sure commu-nication works across a pretty complicated multi-party group, really pays off,” he said. “(It’s) taking that time early to make sure everybody is square on those projects.”

Cory, who is the divisional president of major projects with Infrastructure Ontario, was joined by moderator Daniel Muzyka, president and chief executive officer with The Conference Board of Canada; Amanda Farrell, president and CEO Part-nerships BC; Rob Holden, chairman, High Speed One and former CEO, Crossrail Limited; and Kim Butler, vice-president, strategy and organizational development, PPP Canada.

Muzyka began the discussion by mentioning Can-ada’s “major infrastructure deficit” which he said has various impacts, with the World Economic Forum ranking Canada 13th on global competitiveness.

“It’s not horrible, but it’s not great for a small internationally competitive country,” he explained. The state of infrastructure is dragging Canada down, he added, with the quality of overall infrastructure ranked 23rd, quality of roads 26th and railroads 19th.

“There’s a clear opportunity here for us to move forward,” he said.

With 15 projects at various stages of procure-ment, construction and operation, public transit is Canada’s latest P3 growth sector, CCPPP states. It’s a transition from the days of building hospitals and other socially-oriented projects.

“We see a lot of parallels to where we are now in the transit world to where we were a decade ago on the social, building side. It was a great chance for us to build our version of the P3 model, the AFP model…figure out some of the kinks. I think we can bring that now to the transit world,” Cory said, add-ing there once was a public urgency about access to health care, but now there is a movement towards better transportation.

“We have gotten over that critical hump, but it feels like we’re in a similar place with transit. There’s always infrastructure deficit…but there’s a certain point where it becomes a daily impact.”

Butler also pointed to the influx of transit proj-ects across Canada.

“If we look across the country there is a pipeline of pretty large projects that is developing. It is the next space,” stated Butler. “There are commitments around funding. I think the pipeline is actually pret-ty significant.”

Holden, who brings with him the experience of two massive infrastructure projects in the U.K. with High Speed One and Crossrail, says P3 projects can be successful but they need political support.

“They require planning over a long period of time,” he said. “The politicians themselves also have a big role to play.”

Transit P3s also carry with them a unique set of characteristics, the panelists outlined, such as a large component for public interaction, the impact on communities and the overall construction process.

“The size of them, the magnitude, the need for both local knowledge and capability and also global expertise,” were other elements Cory stated.

Overall, effective communication is vital, Farrell said, along with good governance, “understand-ing who’s going to make what decisions when,” she said. “Efficient communication among the parties is essential. Nobody wants to be caught off guard.”


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“The drive to collect data is accelerating,” says David Bowcott, senior vice-president, national director, AON Reed Stenhouse Inc. “However, the data we’re collecting isn’t organized as cleanly as it needs to be and it’s difficult for some players to put another cost on the bill. Ideally, with full access to data, insurance companies for example, could go deeper to find the root causes of risk and sub-trade failure.”

However, many P3 data sets are in silos and the owners of the data see little reason to hand over their data without compensation and guarantees of privacy.

“People look on the data as intellectual property,” says Olivia Steedman, vice-president, infrastruc-ture, Ontario Teachers’ Pension Plan.

Sharing intimate information with government agencies is also a non-starter with some P3 part-ners, who are concerned that unfiltered data could be used to prejudice their standing on future bids.

Siemiatycki says that universities are perfectly placed to both collect and analyze the data.

“We’re neutral, we offer strict confidentiality and we have the brains to analyze the data and answer

industry-focused questions,” he says.Universities can also offer an added bonus, for

example, a company could receive a report on how its own P3 performance stacks up against anony-mized aggregate data from all the other players in the market.

Grant Headrick, managing director, infrastruc-ture finance, DBRS Limited, notes that big data analysis could help owners to determine why P3 projects succeeded or failed over their life cycle.

“We can look at how the asset performs over time in relation to the overall budget allocated over time,” he says. “Once we get to a place where data is openly shared and analyzed, it could lead to faster under-writing and better appreciation of risk.”

Robert Palter, director and head, global infra-structure practice, McKinsey & Company, notes that big data sets must consist of quality data and must create value for all stakeholders. In essence, big data analysis must begin with a sound hypothesis and a strong economic case for undertaking the exercise.

“Can we eventually use that data to become pre-dictive,” he asks. “It’s actually coming, but at the end of a long and winding road.”

Sessions

Ideally, with full access to data, insurance companies for example, could go deeper to find the root causes of risk and sub-trade failureDAVID BOWCOTTAON Reed Stenhouse Inc.

PETER KENTER

The term “big data” describes data sets so large and complex that a new generation of data processing methods must be developed to analyze them.

Vast quantities of project data are already being accumulated by public sector owners, developers, construction contractors, operations and mainte-nance companies, rating agencies and insurance companies. Can that data be successfully consoli-dated and leveraged to revolutionize the delivery and asset management phase of public-private part-nerships (P3s)?

Matti Siemiatycki, associate professor, depart-ment of geography and planning, University of Toronto, highlights five key themes describing big data: the data sets are massive; the collection of data is ongoing; the collection of data is part of regular operation; the data must be connectable with other data; and the results of analysis are predictive.

Charles Sousa, Ontario’s finance minister, at left and Carlos Leitão, Quebec’s finance minister, explain the role P3s can play in addressing their province’s public infrastructure needs. PHOTO BY MARK CADIZ / DAILY COMMERCIAL NEWS

Can big data transform the P3 landscape?

Ontario, Quebec finance ministers look to accelerate P3 projectsAddressing provincial infrastructure deficits requires new tools

Panel discusses how big data can be successfully analyzed and used

For every dollar invested we estimate that GDP goes up by anywhere from $1.40 to $1.70

CHARLES SOUSAOntario Minister of Finance

PETER KENTER

The governments of both Ontario and Que-bec are placing an emphasis on infrastructure investment, not only to address accumulating

infrastructure deficits, but also to drive economic growth.

Promising a mix of public-private partnerships (P3) and traditional delivery models, Ontario has set aside a record spend of $130 billion over 10 years in its 2015 budget. Quebec has likewise announced an $88 billion infrastructure investment as part of the recently accelerated 2015-2025 Quebec Infra-structure Plan.

“When we use Alternative Financing and Pro-curement (AFP) practices, for every dollar invested we estimate that GDP goes up by anywhere from $1.40 to $1.70,” says Ontario Minister of Finance Charles Sousa. “We must use AFP and P3 to miti-gate the risks for these projects while delivering eco-nomic benefits.”

Carlos Leitao, Quebec’s finance minister, notes that the province’s current debt ratio of 55 per cent of GDP continues to place a burden on taxpayers.

“It limits our ability of what we can do regarding infrastructure,” he says. “However, we need to devel-op and replace our infrastructure to contribute to growth. Our objective is to lower the tax burden by finding new ways of funding public infrastructure.”

Both ministers are keen to hear more details regarding the new federal Liberal government’s announcement that it will allocate $125 billion to Canadian infrastructure projects. Knowing how much will be allocated to each province and the speed of funding commitment delivery are key factors.

Sousa notes that, while he understands the fed-eral government will want some skin in the game, block grants would allow Ontario to most quickly allocate the funds to specific projects. However, even a quickly delivered block grant would still see a lag in project delivery as the province issues RFPs, conducts environmental and engineering studies and performs legal work. Among Ontario’s wish list: public transit projects, a regional rail system, LRT

systems, bridges, water treatment plants and high-speed rail.

“We should start immediately,” he says. “These are all priority projects that will create competi-tive advantage and help get goods to market more quickly. However, when the federal government makes those transfers we prefer a planned approach where the provinces aren’t tripping over each other. We also want British Columbia and Quebec to ben-efit from infrastructure spending to create a stron-ger Canadian economy.”

Leitao, on the other hand, says Quebec already has enough projects in the pipeline that block grants would simply accelerate the delivery of these projects.

“Many of these are not very sexy projects, involve municipal infrastructure, such as sewer or public transit routes. It makes sense that the provinces are in the best position to choose how to allocate the money,” he says.

The Quebec minister says it’s also important to court pension funds and other large investment pools to invest in P3s.

“The world is awash with excess savings,” he says.Both ministers say they’re committed to getting

the best value for P3 bids by opening the field to the widest range of proponents. The ministers spoke at the 23rd Annual CCPPP National Conference on Public-Private Partnerships in Toronto.


W E B R I N G I N F R A S T R U C T U R E T O L I F E

The success of our projects is a result of our commitment to innovation and excellence in all aspects of delivery, and to a truly collaborative approach - features that we adhere to as the established hallmarks of Plenary Group’s values. This, in turn, is a direct reflection of the expertise, quality and dedication of both Plenary’s own great team and our numerous business partners who complement us in making our projects become a reality.

Plenary Group would like to congratulate Humber River Hospital for winning the 2015 Gold Award for Infrastructure, and the Okanagan Correctional Centre for winning the 2015 Silver Award for Community Involvement. We are honoured to have played a part in the creation of these two world-class facilities.


Founded in 2000, P1 Consulting has become one of Canada’s most dynamicand progressive consulting firms with a strong reputation in the fields of facilities management, fairness and public private partnerships.

To date, P1 Consulting has participated as an advisor on over 80 public private partnership projects in North America, with municipal, provincial/state, and federal agencies. P1 Consulting’s knowledgeable team of experts are flexible, effective and solution oriented.

…you delivered practical and insightful advice in response to challenges that our organization had never faced before. The kind of advice that you can use to make difficult decisions with the comfort of being accurate. Advice that only comes from an expert knowledge of how we do business and what the Government is trying to achieve.

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Featured Conference Coverage

CPAC DIGITAL ARCHIVE Live broadcast from P3 Conference 12 stories published online Online stream from the conference was picked up for live broadcast on the CPAC national net and select panels/keynotes were broadcast on the main website. The 23rd Annual CCPPP National Conference on Public-Private Partnerships Michael Sabia (president and CEO, Caisse de dépôt et placement du Québec) outlines an approach that would allow governments to deliver high-quality public infrastructure on budget, on time and with value for taxpayers. (November 3, 2015) Please find this article online below: http://www.cpac.ca/en/digital-archives/?search=ccppp

Saturday, January 9, 2016

Conference Coverage

The election of a new federal government that pledges to spend billions on Canadian infrastructure projects has turned an up-coming conference in Toronto on public-private partnerships into a must-attend event for Canadian business lawyers. The Conference on Public-Private Partnerships, which takes place Nov. 2 and 3 at Toronto’s Sheraton Centre Hotel, is expected to attract 1,200 senior government officials, business leaders and lawyers from around the world.

Canada’s incoming Liberal government has committed to spend $125 billion on roads, transit projects, water systems, subsidized housing and other public assets over the next decade. That’s up from the $65 billion the outgoing Conservative government had planned to spend in the same period. Justin Trudeau, who’ll be sworn in as prime minister on Nov. 4, plans to fund the expanded spending in part by running federal budget deficits in the first three years of his government. Infrastructure-spending can come in various guises, of which the public-private partnership or PPP model is just one. The conference is an annual event organized by the Canadian Council of Public-Private Partnership, which promotes the use of PPP in infrastructure development. This year marks the 23rd time PPP experts and promoters have gathered in Canada to toss around ideas at the annual get together. But this year, you can assume that the prospect of a big boost in public infrastructure spending is adding some buzz to the event. Indeed, conference organizers have lined up former Liberal Party leader Bob Rae to provide an “insider’s view” of the new government’s infrastructure spending plans. His keynote address after lunch on Monday, Nov. 2, will discuss “the role of public-private partnerships” in the incoming federal government’s infrastructure agenda. Several of Canada’s national business law firms have sizable PPP and public procurement practices, and they’re taking part in the event. Of the 56 conference sponsors, 10 are national Canadian law firms. A session on Monday is a lawyer-led discussion on PPP procurement models. Washington-based trade lawyer Gary Horlick is addressing the conference in a keynote speech on Tuesday morning, Nov. 3. Practicing lawyers from Saskatchewan, New Brunswick, Ontario and B.C. who attend the conference can claim continuing education credits.

The jury might be out on whether the new federal government’s spending plan will provide the “kick-start” to Canadian job creation and economic growth that the Trudeau Liberals pitched to Canadians during the recent election campaign. Economists have estimated the plan might add between 0.1 and 0.5 per cent to Canada’s annual GDP during the first few years of the program, then trickle off later. Still, other governments have put their eggs in the infrastructure stimulus basket. Earlier this year, Ontario announced a plan to spend $130 billion on infrastructure over the next 10 years. The Quebec government says it will spend $88.4 billion on infrastructure between 2015 and 2025. Charles Sousa, Ontario’s minister of finance, and Carlos Leitão, Quebec’s minister of finance, are speaking about their provinces’ infrastructure plans at the conference on Monday morning. Tuesday features a lunchtime speech by Michael Sabia, president and chief executive of the Caisse de dépôt et placement du Québec. The Quebec government has entrusted the Caisse, its massive public pension plan, with responsibility for financing several infrastructure projects. Sessions on Tuesday afternoon will examine the use of PPP for North American rail projects. Financial Post [email protected] twitter.com/vonhasselbach Please find this article online below: http://business.financialpost.com/legal-post/promise-of-fresh-infrastructure-spending-puts-spotlight-on-upcoming-ppp-conference

Mark Romoff – President & CEO of The Canadian Council for Public-Private Partnerships (CCPPP) NationTalk recently reconnected with Mark Romoff, President & CEO of The Canadian Council for Public-Private Partnerships (CCPPP). Listen to hear more about their amazing work and how it can assist you and your business. P3’s have the power to be an effective and cost efficient option for funding community infrastructure. Also, hear more about their upcoming P3 2015 Conference. Make sure to get your tickets and register now! For more information go to: www.p3-2015.ca/Register-Now www.pppcouncil.ca Please find this article online below: http://nationtalk.ca/story/mark-romoff-president-ceo-of-the-canadian-council-for-public-private-partnerships-ccppp-2

September 3, 2014 by Canadian Shipper TORONTO, Ont.–The Canadian Council for Public-Private Partnerships has announced its annual CCPPP National Conference, “P3 – Delivering our Infrastructure Legacy” which is taking place November 3 and 4, 2014, in Toronto, at the Sheraton Centre Toronto Hotel. The Annual CCPPP National Conference began in 1992 and has since grown to include over 1,200 senior public and private sector participants, making it the largest annual gathering of P3 decision-makers, said the CCPPP. In response to the P3 2013 survey, 96% of delegates and speakers said that the conference met their goals and 91% indicated that they would recommend the conference to others. This “must-attend” annual P3 event attracts a wide range of participants from the public sector at the municipal, provincial/territorial and federal levels across Canada as well as aboriginal communities. The private sector delegates at the conference represent a cross-section of P3-related professions, including law, finance, construction, engineering, project management, architecture, consulting, communications, real estate development and building services. There are also a number of attendees from other countries looking for Canadian opportunities or best practices.

The sessions at the conference include engaging discussions on a diversity of P3 projects, issues and best practices from Canada and other countries. Along with reflecting the areas of P3-related expertise, conference panels also touch on a wide range of sectors, including healthcare, transportation, transit, water/wastewater, justice & corrections, social housing, education, energy, and government service delivery. At the end of the two days, participants leave with a solid grasp of current issues and innovative ideas on how to take their P3 projects to the next level. For those interested in the event please visit the website here. Please find this article online below: http://www.canadianshipper.com/sustainability/canadian-council-for-public-private-partnerships-announces-november-conference/1003236318/

Mark Romoff, President and CEO of The Canadian Council for Public-Private Partnerships explains P3s as an effective and cost efficient alternative to funding community infrastructures. In Mark’s opinion Aboriginal communities are missing out by not taking advantage of P3s to help develop and finance their needed infrastructures. Learn more about P3s at the upcoming annual conference to be held in Toronto, November 2 and 3, 2015. Please find this article online below: http://ideaconnector.net/blog/2015/10/29/p3s-a-solution-for-infrastuctures/

BNN sets up the week ahead to highlight what investors should be expecting. Monday, Nov. 2 • Notable data: RBC Canadian manufacturing PMI (9:30a) • Citron Research says it will release a new report on Monday

that will be "dirtier than anyone has reported." Andrew Left will be on BNN.

• Notable earnings: Toromont Industries, Visa, AIG • The Canadian Council for Public-Private Partnerships’

conference gets underway in Toronto. Big draws today include John Tory, Carlos Leitao and Charles Sousa.

• Jack Mintz will release a couple reports on Canada’s infrastructure deficit and the best way to target spending. Press conference at 10:30a.

Tuesday, Nov. 3 • Notable earnings: TransCanada, Westjet, Riocan, First Capital

Realty, Mosaic, Silver Wheaton, IAMGOLD, Sleep Country Canada, Tesla, CBS, Groupon

• Less than a week after the bailout, Bombardier will show off its business aircraft program at an event in Toronto.

• Caisse de Depot CEO Michael Sabia delivers a keynote speech at the P3 conference at 1p.

• Major automakers will report monthly sales throughout the day. Wednesday, Nov. 4 • Notable data: Canadian trade balance (8:30a), ISM services

index (10a) • Notable earnings: Home Capital Group, Canaccord Genuity,

Shopify, Torstar, Linamar, Sun Life Financial, Intact Financial, Manitoba Telecom, Facebook, Allergan, Whole Foods

• Justin Trudeau will announce his cabinet today. Thursday, Nov. 5 • Notable earnings: SNC-Lavalin, BCE, Telus, Quebecor,

Hudbay Minerals, Great-West Lifeco, Enbridge, Penn West, Crescent Point Energy, Agrium, AutoCanada, Magna International, Saputo, Air Canada, TMX Group, Molson Coors, Walt Disney, CI Financial

Friday, Nov. 6 • Notable data: Canadian labour force survey (8:30a), U.S. non-

farm payrolls (8:30a), Canadian building permits (8:30a) Notable earnings: Baytex, Brookfield Asset Management, Canadian Natural Resources, Fortis Please find this article online below: http://www.bnn.ca/News/2015/10/30/The-week-ahead-Trudeaus-new-cabinet-and-auto-earnings-.aspx

Justin Trudeau has yet to take office as Canada’s next prime minister, but one of his marquis campaign promises — a massive boost in federal infrastructure spending — is bumping into a harsh political reality. Finance ministers from Quebec and Ontario acknowledged the incoming prime minister’s promise to deploy $125 billion in federal infrastructure spending over the next 10 years will have all of Canada’s provinces jockeying for their share of the promised federal funds. “The problem with government, in some respects, is politics,” said Charles Sousa, Ontario’s minister of finance, during a conference on infrastructure spending in Toronto on Monday. Sousa and his Quebec counterpart, Carlos Leitao expressed hope

the provinces will be able to work well with the new federal government and each other when it comes to doling out the promised cash. “What we would like to see, beyond the commitment to increase spending across Canada, is that that money is allocated fairly across the country, perhaps on a per capita basis,” Leitao said. “But those things can be discussed.” Sousa and Leitao were speaking at an annual conference organized by the Canadian Council of Public-Private Partnership, which promotes the use of PPP in infrastructure development. The event has attracted 1,200 senior government officials, business leaders and lawyers from more than 22 countries. The new Liberal government of Justin Trudeau is scheduled to be sworn in Wednesday. He campaigned on a promise of ramping up federal infrastructure spending to “kick start” the Canadian economy. The incoming Liberal government says it will pay for the promise by running budget deficits. It’s not at all sure where the federal money is going to go, but both Ontario and Quebec have huge infrastructure budgets. Over the next decade, Ontario plans to spend $130 billion and Quebec will spend $88.4 billion. Sousa and Leitao both argued that developing infrastructure through the use of public-private partnerships or PPPs has positive economic benefits that will growth their respective economies. Sousa told the gathering that Ontario estimates the “multiplier effect” of the PPP model returns $1.43 to the economy for each $1 spent on PPP projects in the province. Both finance ministers said their current infrastructure spending plans don’t depend on the fresh new federal money. Quebec has turned to its massive public pension plan, the Caisse de dépôt et placement du Québec, to help manage its infrastructure program.

For its part, Ontario has amended provincial rules to make it easier for pension plans to invest in infrastructure projects. It’s also selling a stake in crown utility Hydro One. The proceeds will fund transit and other infrastructure projects. Still, funding everything will not be easy. Leitao acknowledged that Quebec’s public debt levels are too high, and the province’s Liberal government is aiming to eliminate its current budget deficit. Leitao said the province aims to do this without raising taxes — at least, not if your definition of taxes includes user fees or tolls. Quebec is willing to apply tolls to newly built highways, he said. With political challenges like that ahead, the promise of fresh federal funding has to be attractive for provincial finance ministers. Quebec and Ontario clearly want their share. “We have made it very clear that from the federal government we want greater transfers with respect to infrastructure, which appear to be coming, but also on the health care transfer,” Leitao told reporters after his speech. “I am looking forward to avoiding some of the partisanship activities so we can work collectively and collaboratively with all provinces,” Sousa said. “We want Quebec and Alberta and British Columbia to benefit from infrastructure spending because it benefits all of us.” [email protected] twitter.com/vonhasselbach Please find this article online below: http://business.financialpost.com/legal-post/provinces-set-to-jockey-for-share-of-trudeaus-infrastructure-spending-boost

OPSEU President Thrown Out for Asking QuestionsTORONTO, Nov. 2, 2015 /CNW/ - OPSEU President Warren (Smokey) Thomas was expelled today from the Sheraton Centre Hotel for asking an inconvenient question about Waypoint Centre for Mental Health Care. Thomas was attending the 23<sup>rd</sup> annual Canadian Council for Public Private Partnerships' (CCPPP) national conference. During a question-and-answer forum hosted by government and private lawyers, Thomas asked who would take financial responsibility for the failed P3 at Waypoint – before someone got killed. Thomas went on to explain the staggering problems that P3s like Waypoint have created – boondoggles that have cost Ontarians an extra $8 billion and counting, according to Auditor General Bonnie Lysyk. Following his question, CCPPP Administrator Carla Walmsley had Thomas escorted off the premises by hotel security staff. "Suddenly, I was surrounded by three guards. I was asked to leave with no explanation. But I gather my question on Waypoint touched a raw nerve with organizers and speakers. The word went out to shut me down."

The Toronto Star and the Toronto Sun have reported extensively on violence at Waypoint, a new P3 psychiatric facility. The Ministry of Labour has been called in to investigate a litany of violent incidents that have threatened the lives of staff and inmates at the P3. The building has been plagued with numerous design flaws and technological problems that increase the peril to the staff's safety. Patient rooms, fencing, lighting, doors and camera systems are just some of the safety mechanisms that require retrofitting. "When they enter Waypoint, staff don't know if they'll leave alive. Incredibly, the employer refuses to co-operate with workers to get these hazards fixed. They don't want to spend a penny more, even if it means saving lives. That's what you get when profits take precedence over people." Thomas noted that secrecy was the hallmark of the Liberals' privatization agenda. "Kathleen Wynne shut down debate in the legislature on the sale of Hydro One. She's turned a deaf ear to the warnings of the Financial Accountability Officer, who has been forbidden access to Cabinet documents on the sell-off. She's scorned the advice of eight independent officers of the legislature who say they won't be able to protect Ontario consumers. And more importantly, she is ignoring the 80 per cent of Ontarians who oppose the deal. "Now she's in California avoiding questions from the opposition in the legislature. One can only speculate she has outsourced her own job to privatization guru Ed Clark. What a sad comment on the state of democracy in this province.

"All this coming from a government that bills itself as the most transparent in the country. If the claim weren't so monstrous, I'd laugh. The Liberals have put in their earplugs and they've got their marching orders to trample anything – or anyone – that gets in the way of their privatization decrees." Please find this article online below: http://www.newswire.ca/news-releases/opseu-president-thrown-out-for-asking-questions-539552772.html Please find this article picked up online below: http://www.bloomberg.com/research/markets/news/article.asp?docKey=600-201511021712CANADANWCANADAPR_C4510-1 http://www.northumberlandview.ca/index.php?module=news&type=user&func=display&sid=38143 http://www.opseulocal329.ca/Home/News https://opseu.org/news/opseu-president-thrown-out-asking-questions

The Ontario government has finalized a $9.1-billion contract with a private consortium to finish construction of the Eglinton Crosstown light-rail project and maintain it for a generation. The contract was revealed earlier this year by members of the consortium, but Tuesday’s announcement by Transportation Minister Steven Del Duca was the first word on the final cost. According to the government, going with a public-private partnership model helped shave about 18 per cent off an earlier projection of the price tag. “Because the private sector was able to come in, take a look at this process and provide the most competitive bid possible, we’ve managed to bring that 30-year contract to design, build, finance and maintain the Crosstown in at $2-billion [less], versus the original internal estimate,” Mr. Del Duca told reporters after speaking at a conference hosted by the Canadian Council for Public-Private Partnerships. The Eglinton Crosstown is one of the few transit success stories in Toronto. It survived the anti-LRT mood of the last city council and is due to enter service in 2021, a year behind schedule.

The tunnelling for the 19-kilometre Crosstown – 10 kilometres of which will be underground – has long been under way. The contract touted Tuesday is for the remainder of the work, including the stations and the finishing work within the tunnels. The contract is with Crosslinx Transit Solutions, a partnership of more than 26 companies that includes such heavyweights as SNC-Lavalin and Bank of Nova Scotia. Mr. Del Duca, praising the Crosstown in his speech as being “transformational,” called it “the largest public transit project in Ontario history.” It will eventually stretch from Kennedy Road in the east to Mount Dennis in the west. Another leg, as yet unfunded, would continue west to link the Crosstown with Pearson airport. Please find this article online below: http://www.theglobeandmail.com/news/toronto/ontario-government-shaves-2-billion-off-eglinton-crosstown-lrt-price-tag/article27085427/

Speaking at the 23rd Annual Canadian Council of Public-Private Partnership (CCPPP) conference in Toronto, the mayor confirmed his support for the P3 model and said that not considering it for future deals was “irresponsible”. “New infrastructure projects all involve a substantial role for the private sector,” he said. “We will be examining the option of doing a P3 for new projects. As far as I am concerned it is irresponsible not to do that.” Tory also questioned criticism surrounding spiraling costs of P3 deals, claiming that a lack of public sector experience has also led to cost overruns on traditionally financed projects. "There have been some reports that P3 in the first few years have been way more expensive than traditional methods,” he added. “That is not an accurate portrayal of what is happening. “Governments – not limited to the city of Toronto – have routinely insisted on heavily customized projects for which there is no template and which they have little experience building, operating, financing and maintaining.”

As previously reported by P3 Bulletin at the turn of the year, Ontario Auditor-General Bonnie Lysyk claimed that better value for money could be achieved on many deals if they were procured directly by the public sector. Further criticism of P3s also arose after a similar critique was offered by Saskatchewan Auditor General Judy Ferguson in the summer. Please find this article online below: http://www.p3bulletin.com/news/view/93628

By: Tess Kalinowski Transportation reporter, Published on Tue Nov 03 2015 The Ontario government is pitching it as a bargain. Transportation Minister Steven Del Duca says the 30-year, $9.1 billion contract to build and maintain the Eglinton Crosstown LRT is actually about $2 billion below estimates. He credited the province's public-private partnership system, administered by its agency Infrastructure Ontario, for inking a deal below the forecast $11 billion. The contract with Crosslinx Transit Solutions, a giant consortium, was announced last summer.

But the cost of the contract was only revealed on Tuesday at a downtown P3 conference. The agreement covers all aspects of the transit line except the tunneling, which is already well underway. The TTC is expected to operate the LRT. "Because we were able to leverage (Crosslinx's) creativity and their innovation, the dollar figure has come back in at $2 billion lower than originally estimated," Del Duca told reporters. He said he didn't know the value of the only other bid. Of the $9.1 billion, $5.3 billion is capital. The remainder goes to financing, lifecycle and maintenance costs. Crosslinx is comprised of SNC-Lavalin, Aecon, EllisDon, Stantec, ACS Infrastructure Canada, Dragrados and IBI Group. It will build 15 underground stations on the central section of the 19-kilometre LRT at a cost of about $80 million to $100 million each. It will also build 10 street-level stops for about $3 million to $5 million each. "The P3 or alternative financing and procurement (AFP) delivery model protects taxpayers by transferring significant risks to the private sector and provides the opportunity for innovation in design and construction," Del Duca told the conference. The Crosstown will run about 19 kilometres from Mount Dennis in the west to Kennedy Station in the east. The central section will run underground. Of 45 Infrastructure Ontario projects substantially complete by March, Del Duca said 44 have come in on budget. But P3 opponents say that the public projects built with private sector money inevitably cost taxpayers in the longer term.Please find this article online below: http://www.thestar.com/news/gta/transportation/2015/11/03/91b-crosstown-lrt-mega-contract-comes-in-under-estimates.html

That the push for new high-speed train systems in Ontario and Alberta is gaining momentum just as the federal Liberals prepare to take office with plans to double infrastructure spending is surely more than a coincidence. But the head of Canada’s dominant passenger rail service, Via Rail Canada, says high-speed rail is a tremendously expensive proposition, and it makes little sense to invest in it until the serious existing congestion problems on Canadian railways is solved.

“Back in 2012, there was a report published that pegged the cost of high-speed rail between Toronto, Ottawa and Montreal at $10 billion, and for $10 billion it would get you 10-million customers,” said Via CEO Yves Desjardins-Siciliano. Simply providing dedicated passenger lines at conventional speed, he said, “will cost $3 billion for seven million (passengers), so it’s a third of the cost for two-thirds of the benefit.” If Via had a dedicated track to use in the busy corridor between Toronto and Montreal, Desjardins-Siciliano estimates the railway could increase its annual passenger load on the route from 2.1 million currently to 6.8 million within 15 years of construction using what he calls “high-frequency rail.” Just last week, Ontario appointed a former federal cabinet minister, David Collenette, as a special adviser for high-speed rail, which the provincial Liberal government envisions running between Windsor, London, Kitchener-Waterloo and Toronto. The same week, Alberta’s NDP government said it was in the early stages of studying a high-speed rail link between Calgary and Edmonton, something previous governments have mused about but never bought into. Advocates of high-speed rail point out that the largest untapped market in the world is North America, where, for a variety of reasons, people have not embraced the concept in the same way their European and Asian counterparts have. This means there is tremendous potential to develop ultra-fast railways here, a major infrastructure conference in Toronto heard Tuesday. But the first challenge is winning over travellers who are used to driving or flying to their destinations, said Tim Keith, CEO of Texas Central Partners, a private company that’s developing North America’s first-ever high-speed rail link between Houston and Dallas.

“It’s not easy to create a high-speed-rail system in an economy that doesn’t accept high-speed rail as a mode of transport,” Keith told the conference, put on by the Canadian Council for Public-Private Partnerships. “The biggest challenge I have is introducing a product to market that isn’t used to the product.” Desjardins-Siciliano has been drumming up interest among Canada’s major pension funds in building a new dedicated track between Toronto, Ottawa and Montreal that would allow the Crown corporation to improve its deteriorating on-time performance. Currently, 90 per cent of the track that Via uses is owned by Canadian National Railway Co., and is susceptible to regular bottlenecks as freight trains and passenger trains vie for the same space. In the second quarter, Via’s trains were on time 70 per cent of the time, down from 79 per cent a year earlier. “Freight trains today are longer and heavier and therefore slower than ever,” Desjardins-Siciliano said in a recent interview. “That’s why growing (our service) requires an alternative track that would be dedicated to passenger rail.” He noted that regular-speed rail also has the benefit of being able to stop at points in between the major cities, which meets Via’s objective of replacing travel by car, not travel by air. And Sebastien Sherman, senior managing director for the Americas at Borealis Infrastructure, pointed out on Tuesday’s panel that high-speed rail plans “need a degree of population density,” more common in Asia and Europe than in a more sparsely populated country such as Canada.

Borealis is an arm of the OMERS pension fund that owns 50 per cent of HS1 Ltd., the U.K.’s high-speed line that runs through the Chunnel. He noted that any high-speed project comes with its construction risks, demand risks, regulatory risks and political risks. “The last thing we’d want to do is spend many years trying to advance a project if it doesn’t have community support,” he said. Please find this article online below: http://business.financialpost.com/news/transportation/high-speed-rail-not-the-right-solution-for-canada-via-ceo

Often times with complex projects there is a “need to go slow, to go fast,” stated Infrastructure Ontario’s Ehren Cory during a transit P3s panel discussion at the 23rd annual Canadian Council for Public-Private Partnerships (CCPPP) national conference in Toronto.

"I think the investment you make up front, in setting up the governance and making sure communication works across a pretty complicated multi-party group really pays off," he said. "(It's) taking that time early to make sure everybody is square on those projects."

Cory, who is the divisional president of major projects with Infrastructure Ontario, was joined by moderator Daniel Muzyka, president and chief executive officer with The Conference Board of Canada; Amanda Farrell, president and CEO Partnerships BC; Rob Holden, chairman, High Speed One and former CEO, Crossrail Limited; and Kim Butler, vice-president, strategy and organizational development, PPP Canada. Muzyka began the discussion by mentioning Canada's "major infrastructure deficit" which he said has various impacts, with the World Economic Forum ranking Canada 13th on global competitiveness.

"It's not horrible, but it's not great for a small internationally competitive country," he explained. The state of infrastructure is dragging Canada down, he added, with the quality of overall infrastructure ranked 23rd, quality of roads 26th and railroads 19th. "There's a clear opportunity here for us to move forward," he said. With 15 projects at various stages of procurement, construction and operation, public transit is Canada's latest P3 growth sector, CCPPP states. It's a transition from the days of building hospitals and other socially-oriented projects. "We see a lot of parallels to where we are now in the transit world to where we were a decade ago on the social, building side. It was a great chance for us to build our version of the P3 model, the AFP model...figure out some of the kinks. I think we can bring that now to the transit world," Cory said, adding there once was a public urgency about access to health care, but now there is a movement towards better transportation. "We have gotten over that critical hump, but it feels like we're in a similar place with transit. There's always infrastructure deficit...but there's a certain point where it becomes a daily impact." Butler also pointed to the influx of transit projects across Canada. "If we look across the country there is a pipeline of pretty large projects that is developing. It is the next space," stated Butler. "There are commitments around funding. I think the pipeline is actually pretty significant." Holden, who brings with him the experience of two massive infrastructure projects in the U.K. with High Speed One and

Crossrail, says P3 projects can be successful but they need political support. "They require planning over a long period of time," he said. "The politicians themselves also have a big role to play." Transit P3s also carry with them a unique set of characteristics, the panelists outlined, such as a large component for public interaction, the impact on communities and the overall construction process. "The size of them, the magnitude, the need for both local knowledge and capability and also global expertise," were other elements Cory stated. Overall, effective communication is vital, Farrell said, along with good governance, "understanding who's going to make what decisions when," she said. "Efficient communication among the parties is essential. Nobody wants to be caught off guard." "If you have the right people, you can do anything," Holden added. "The P3 model is huge and is adaptive." Please find this article online below: http://dailycommercialnews.com/Infrastructure/News/2015/11/Communication-key-building-block-for-transit-P3s-panel-1011220W/

Toronto mayor John Tory said a recent business mission to London, England sent a strong signal about the value of private sector ingenuity to fund and build major transit infrastructure projects.

"I wanted to see with my own eyes their infrastructure and their approach because I knew that it could help to inform my vision for the city and what we're trying to build here," he told members of the audience in his address at the 23rd annual Canadian Council for Public-Private Partnerships (CCPPP) national conference.

"In London they are not afraid of a robust role of the private sector and neither am I," he stated, adding the perception of P3s (public-private partnerships) still needs to be addressed. "It cannot be a matter of ideology. It is a matter of efficiency. It is matter of practicality. It is a matter of accountability." During his London trip, Tory visited a construction site for London's Crossrail, which he states has many parallels to SmartTrack. He also explored the Canary Wharf business district.

"These infrastructure projects all involve, without exception, a substantial role for the private sector. It's just not a question or a debate," he explained. "It's almost seen as a necessity to getting these things done." The Crossrail is Europe's largest construction project, a website dedicated to the project reads and is slated to "transform rail transport" in London and the south east, increasing central London rail capacity by 10 per cent. The route will run over 100 kilometres from Reading and Heathrow in the west, through new tunnels under central London to Shenfield and Abbey Wood in the east. There will be 40 Crossrail stations. The total funding available for the project is £14.8 billion or about $23 billion. Tory mentioned how the Canary Wharf Crossrail station was designed and built by the private sector, costing $300 million less than was originally thought. Toronto's mayor believes there needs to be "a change in the culture of government" as in some instances publicly-run projects can end up costing more with delays and overruns. He mentioned the Union Station revitalization and Spadina subway projects as examples. "These projects that have run billions of dollars over budget in total and years late, all have common characteristics," he said. Governments have been guilty of changing the scope of projects, adding demands, low-balling the price estimate for "political purposes to get things approved." "Sometimes it suited somebody's political agenda," he added. "Bad contracts have been signed - contracts that failed to protect the city from risk. It's costing us money. It's causing us to fall further behind on infrastructure that must be built." And, most importantly, it's causing the public to lose faith in government, he said. Thus, all avenues need to be explored

when it comes to funding models and project delivery. A recent example is Toronto City Council's decision to proceed with a P3 to fund the Gardiner Expressway rehabilitation. "The procurement approach we've chosen to take now will reduce the time it takes to reconstruct the Gardiner Expressway. It's going to be six years instead of 20," he said and will save around $500-million over the life of the contract. The entire estimated cost for the Gardiner is $3.8 billion over 30 years. When it comes to future projects, such as Tory's SmartTrack and the Scarborough subway extension, Toronto's mayor stated all avenues will be explored. "I will not be going forward with any of these projects without examining the option of doing them as a P3. I think it's irresponsible not to consider that option," he said, adding it's time to "put everything on the table." Former Canadian deputy prime minister John Manley, who is also the honorary chair of CCPPP, shared similar views that government should tap into the private sector whenever it can. "We'll need governments at all levels, working closely with the private sector, to effectively address today's infrastructure challenges," he said. "P3s are not a panacea, but when done for the right reasons they can produce some incredible social and economic results." Nov 3, 2015 Please find this article online below: http://dailycommercialnews.com/Infrastructure/News/2015/11/Tory-states-P3s-are-in-play-for-Toronto-1011216W/

Gregory Steube, Florida House Representative and Chair of the Highway and Waterway Safety Committee, told delegates at the Canadian Council for Public-Private Partnerships (CCPPP) that a new bill is being worked on for this session to include the proposals. “We are working on a new bill this session on a similar model to what Canada has, whereby there is an agency within the state government that can provide local counties and municipalities with the knowledge to do new P3 projects,” he said. “It is vital to provide public sector with places where they can get this information.” The concept of dedicated P3 offices has long been discussed in the US, with Virginia being the first to launch its Office of Public-Private Partnerships following the commonwealth’s Public-Private Transportation Act of 1995. Please find this article online below: http://www.p3bulletin.com/news/view/93662

TORONTO — Michael Sabia, chief executive of the Caisse de dépôt et placement du Québec, said Tuesday a special infrastructure fund created by the public pension system will only invest in projects that are commercially viable. The Caisse, which has $241 billion in assets, said in July that it

has set up a fund called CDPQ Infra to invest in public infrastructure projects. At first blush, it looks like the Quebec government is looking at the public pension plan as an ATM to finance some of its infrastructure needs. It also looks like the fund gives the Caisse the inside-track when it comes to building choice infrastructure assets in the province. Sabia aimed to dispel those notions in a lunchtime address to the Conference on Public-Private Partnership, an annual meeting that looks at the use of PPP in infrastructure projects. “We’re not trying to monopolize anything,” Sabia said. “We’re just saying that we’ve got a different wrench in our toolbox right now, and we’re going to offer it to the market.” Sabia said it remains up to the Quebec government to identify the infrastructure projects it would like to see built. But once that list is generated, the CDPQ Infra fund can enter the mix as a “one-stop shop” that will examine the commercial viability of a project. CDPQ Infra will design, develop and own up to 50 per cent of projects that pass commercial muster, he said. “The risk is being transferred to us. Why would we do that? We’re doing that because we think we know how to manage it,” Sabia said. CDPQ Infra is currently working on two “proof of concept” projects. One is a public transit system that would cross Montreal’s new Champlain Bridge. The other is a rail link that would connect downtown Montréal to Trudeau International Airport and the West Island.

The Caisse’s approach is interesting because earlier on Tuesday, representatives of both Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan said Canadian PPP projects tend to be too small and offer too little in returns to meet their funding needs. For the Caisse, the response is to anticipate that anything it develops has a user-pay component. For the transit projects the Caisse is examining, Sabia said the aim would be to keep fares low in the hope this would result in high volume use. The Caisse is banking on infrastructure investments helping plug a funding gap that has emerged from the low interest rates on fixed yield investments. The Caisse currently has about $12 billion in infrastructure assets. In four years, the Caisse aims to double its infrastructure exposure to $24 billion. [email protected] twitter.com/vonhasselbach Please find this article online below: http://business.financialpost.com/legal-post/caisse-fund-will-target-only-commercially-viable-public-projects-sabia-says

LIVEHITSFROMCONFERENCE=Mon, Nov 2, 2015 - 8:50 AM Toronto mayor John Tory says private money is essential to building public infrastructure. Paige Ellis reports from a conference on public-private partnerships in downtown Toronto. Please find this article online below: http://www.bnn.ca/Video/player.aspx?vid=740295

Attendees at the CCPPP conference have expressed concern around new Prime Minister Justin Trudeau’s commitment to establishing an infrastructure bank in Canada. Although there are few details on what function the new bank would have, P3 companies have called on Harper to approach the use of an infrastructure bank with caution. One source argued that there is no shortage of debt or equity finance so an infrastructure bank would be solving a problem that doesn’t exist. Johanne Mullen from PWC agreed. “If an infrastructure bank is used for bundling small assets and for certain sectors, such as waste and waste water projects for First Nation communities, then there is a sense to that,” she said. “If however they are going to sit aside the lenders that are already in the market then my view would be different.” Michael Marasco, CEO of Plenary Concessions, said: “We are encouraged by [the Liberal Party's] commitment to investment in infrastructure and we're interested to hear more about their commitment to creating an infrastructure bank.

“We look forward to sharing some views with the new government and to seeing how the bank can expedite infrastructure delivery and perhaps fund small municipal projects that would otherwise not get done.” With the new cabinet yet to be named, there will be some time before details of any potential bank are revealed but the P3 industry appears to be united in what they hope its remit will be limited to. Please find this article online below: http://www.p3bulletin.com/news/view/93697

There has been a call from the private sector to work towards increased standardization for projects led by municipalities to help these smaller projects compete for private sector interest over the larger transport deals. Speaking at the CCPPP conference this week, Lisa Mitchell, director at PPP Canada, said: “A lot of our mandate is working with inexperienced municipalities and provinces who have never procured a P3 before or are moving into new asset classes. “As part of this we are looking at template documentation and we are in the process of working on an RFQ and RFP project agreement template agreement documentation that could be adapted to help with a leading practices approach but also help to reduce their advisory costs.” However, although PPP Canada has terms and conditions that outlines what is mandatory in terms of securing financing, the new template guidance will be “supportive”. The guidance – expected to hit the market in early 2016 – has been welcomed in some quarters, but others believe that only a template that is mandatory to secure funding will make a difference to the high cost of procuring these deals.

Joey Comeau, vice president of EllisDon Capital Services, said: “I do not believe that this goes far enough as it still requires both the public and private sector to continue spending significant procurement and bidding costs on each project rather than agreeing at an asset class portfolio level the appropriate documentation and risk transfer templates.” Please find this article online below: http://www.p3bulletin.com/news/view/93733

Canadians may be more than ready to export their experience with public-private partnership (P3) projects south of the border — but is the U.S. ready for more P3s?

A panel of P3 leaders presenting at the 23rd Annual Canadian Council for Public-Private Partnerships National Conference in Toronto notes that although the country faces a massive infrastructure deficit, delivering salvation through P3s often means negotiating conflicting federal, state and county regulations and responsibilities and overcoming a patchwork of mistrust regarding P3 solutions.

While funding uncertainty plays a critical role in discouraging P3s, the U.S. Department of Transport (USDOT) has established the Build America Transportation Investment Center (BATIC) as part of its Build America Investment Initiative. BATIC helps state and local governments access information about transportation funding and financing options, including P3s. Of a dozen USDOT projects valued at $18 billion and delivered through consultation with BATIC, half were delivered as P3s.

"We are seeing technical assistance as one area where we can really move the needle," says Shoshana Lew, Deputy Assistant Secretary, Finance and Budget, USDOT. However, lack of certainty around future federal funding creates a major impediment to delivering more projects under P3, she says. In Colorado, P3s have had a positive impact on delivering needed infrastructure, says Shailen Bhatt, executive director, Department of Transportation, State of Colorado. However, despite a solid track record, P3s continue to be misunderstood. "I continue to be puzzled why P3s have not caught on or not been deployed more," he says. "We recently executed our U.S. Route 36 $200-million managed lane expansion and it's going very well. That's going to be a good example for us to use as a project that had some real initial challenges and then moved forward." A number of projects, including a Denver ring road, light rail projects, tolled highway expansions — even power dams and schools — are also open for possible P3 delivery. However, more can be done says Bhatt, citing the state's NAFTA corridor, I-25, a highway that remains limited to two lanes in many sections. "A billion dollar widening project is on the books with traditional funding...for 2070," he says. "What helps us overcome a lot of reticence and public mistrust around P3s is the fact that we can say that if they don't let us use this model, we'll widen the road in 2070." Florida has also delivered successful P3 projects. Three years ago the state created a unifying statute to declare that it recognized P3s as a valid project delivery method.

"We had some outside investment that wanted state guarantees that we recognized P3s," says Gregory Steube, Florida House Representative and chair, Highway and Waterway Safety. "Also in Florida we have 67 counties and some of them are chartered counties and some are non-chartered counties and the lawyers for the non-chartered counties actually believed that they could not legally do a P3 project in their county unless there was enabling legislation." Recommendations of a state P3 task force may also be implemented to help further cement P3 delivery options. "In Florida the biggest challenge is probably trying to communicate with our counties on public entity projects where they may never have thought of P3s to do a project," Steube says. However, road projects, port projects, social projects, wastewater treatment plants and all 17 of the state's public universities are now actively interested in delivering through the P3 model. But suspicion still exists around P3 models, particularly when foreign players enter the P3 market. "This perception that you're taking an American road and now some guy in Spain or Australia owns it — viscerally there's just something weird about that for some people," says Steube. "They don't credit all of the money coming in from that side and that is something we're just going to have to work through. Money is money and investment is investment." Nov 11, 2015Please find this article online below: http://dailycommercialnews.com/Infrastructure/News/2015/11/P3s-and-the-challenge-of-America-1011358W/

When Bob Rae became premier of Ontario with the NDP in 1990 it was a time when the government “needed to do everything we could to get the economy moving.”

One way of doing so was through the Hwy. 407 construction project by embarking on a new way of doing business, a public-private partnership (P3). "We did find a way to create a new appetite for investment in infrastructure spending," said Rae, who was premier until 1995. "We created

the largest dedicated P3 project that was actually being built at that time. It was a huge success." Rae, who is also the former interim leader of the Liberal Party of Canada, shared his views on Canada's infrastructure agenda during his keynote address at the 23rd annual Canadian Council for Public-Private Partnerships (CCPPP) national conference in Toronto. Rae mentioned the Hwy. 407 undertaking not to highlight his days as leader of the province, he said, but rather to "demonstrate that in fact it took a lot of determination to maintain the integrity of the infrastructure spending of the province in the face of a significant downturn and in the face of significant pressure from the financial markets to keep deficits under control."

It's something governments at all levels need to keep in mind today, he added. "It's (the P3 model) an approach that I believe worked then. It's an approach that has worked since. It's an approach that will work well into the future." When it comes to the new Liberal government, headed by Prime Minister Justin Trudeau, Rae states there is a "very clear commitment to the infrastructure needs of the country." This is reassuring, he said, as infrastructure funding has been crowded out over time. "It's a lot easier politically to cut capital expenditures than it is to cut operating expenditures. It's the course of least resistance," Rae explained. "The price we are paying now for those decisions is actually borne by all of us in the economy." During the federal election campaign Trudeau promised he would almost double federal infrastructure investment to nearly $125 billion from the current $65 billion over 10 years. Rae stated in his address the investments and spending have to be examined carefully "making sure that it brings genuine value." "It's not just about creating jobs. It's even more important than that. It's about overall efficiency, the overall capacity for innovation," he said. "The failure to invest in the long-term will continue to have a hugely negative effect on the overall efficiency and strength of our national economy and of our local economies." Rae also outlined that no matter how government infrastructure projects are carried out, be it through the traditional or P3 models, it must remain transparent. "I see a great opportunity for us now as a country and as an economy. Now that the government of Canada has said we're

going to invest in the future, we must not let that be an excuse for failing to analyze carefully the exact costs and benefits of every single project," he added. "We must have absolute clarity on how these funds are being spent and to whose benefit. These are lessons we learned the hard way and we have to look at the possibilities of moving the economy forward." A P3, Rae stated, "should never be an excuse for a lack of transparency, a lack of accountability, and a lack of clear benefits to the public as well as to the private sector." Rae also stated he hopes the tone around P3s changes to the point where politics doesn't play as big of a role in the equation. "I hope it will become less political," he said. "I think you're going to find, increasingly, governments looking at ways at depoliticizing this model because it is such an important model." Please find this article online below: http://dailycommercialnews.com/Infrastructure/News/2015/11/Clarity-a-must-for-infrastructure-builds-says-Rae-1011383W/

Optimizing P3 projects I agree with Bill Black’s Nov. 7 column regarding the need to invest in roads using the P3 methodology, but I need to add several comments to further explain why P3s make sense. As the past president of The Canadian Council for Public Private Partnerships, I have witnessed the success of the P3 model across Canada for the development of and improvements in much needed roads, hospitals, public buildings, water and wastewater systems, etc. over the past 20 or so years. I do want to add two points to support the article that are critically important to the P3 methodology. First, in the Canadian context, the P3 asset normally remains under the ownership of the sponsoring government and second, projects that are alike but smaller in nature can be bundled (for example several lengths of roads) to create the critical size for a P3 project. Financing for the construction and management of the asset can be completed using a number of models including tolls for roads, revenues from operations and “availability payments.” P3s are

not a panacea for all infrastructure needs, but are an option that in the correct set of circumstances can and do provide value for money to taxpayers. Certainly, an open discussion regarding the benefits of P3s is a requirement to aid in the identification of both the risks and benefits of a robust P3 program in Nova Scotia. Cynthia Robertson, principal, Parkridge Consulting, Halifax Please find this article online below: http://thechronicleherald.ca/letters/1321771-voice-of-the-people-nov.-12-2015

Johanne Mullen would much rather talk to the media about the work she is doing than adhere to the stereotypical questions asked of women in positions of power. What’s unique about Mullen is her confidence and her experience in a traditionally male-dominated infrastructure world. Despite her impressive range of titles — National Infrastructure and Project Finance Leader of PricewaterhouseCoopers LLP (PWC) , director of the Institut pour les partenariats public-privé du Québec, director of the Canadian Council for Public Private Partnerships — she is down to earth and can speak as easily to one person as she can to a crowd. Her passion for her work is obvious and her knowledge and professionalism is impressive.

Women’s Post sat down with Mullen before her panel discussion on transit with Metrolinx’s CEO Bruce McCuaig at the annual National Conference on Public-Private Partnerships last week. The discussion ranged from Mullen’s background in finance to the future of public-private partnerships, and with each question her passion for project finance and infrastructure became obvious. Mullen began her academic career at Concordia University, where she studied Commerce in Finance, before completing her Master of Business Administration in International Business at McGill University. She has over 20 years of experience in capital project and procurement advisory, as well as in project and structured finance. In 2000, she started to work with the PWC, and fell in love with advisory and project finance. Some of her more notable accomplishments include acting as procurement and financial advisor for Saint-John’s Safe Clean Drinking Water program; advising the government of Nunavut on procurement and financing of the Iqaluit airport expansion; acting as an independent financial advisor for Nalcor Energy; and advising Infrastructure Ontario on the Pan Am Athletes Village. “I love the advisory bit because I feel like I’m helping people develop something that is important to them, to the community,” she said. “I like the tangible aspect of the job—when I project is delivered you get to see it, you see the benefits.” Mullen works with P3s, better known as public–private partnerships. These partnerships allow for a performance-based approach to procuring public infrastructure, which means the government does not pay for an asset until it is operational. This puts pressure on the private sector to remain accountable and to produce results. What’s unique about these projects is that the

government is making a long-term investment. The cost of the asset includes 20 to 30 years worth of maintenance, depending on the contract. According to Mullen, about 98 per cent of P3 projects are built on time and on budget. “The reality is that if you understand the contractual model, the cost of delivering late is significant and obviously every cost overrun (the private sector) are picking up,” she said. “So they can’t afford to get it wrong.” Right now, a lot of P3 projects are federal or provincial; however, they are trying to break into the municipal sphere. Mullen is already working on a project in Saint-John’s, and she would recommend that big cities such as Toronto look into P3 projects to help solve issues such as affordable housing. “Personally, I think it’s been ignored more than it should be,” Mullen said of social housing. In the meantime, Mullen has been working with municipalities such as Toronto to see how P3s can make a difference with public transit. The panel discussion she moderated at the National Conference on Public-Private Partnerships was a huge success, and promises to be a topic of discussion for Toronto’s future transit goals. At least we know there is a qualified, capable, and passionate woman leading the way. Please find this article online below: http://womenspost.ca/woman-of-the-week-johanne-mullen/

TORONTO—Questions swirled about road pricing during the 23rd annual Canadian Council for Public-Private Partnerships (CCPPP) national conference, with several keynote speakers weighing in on the matter. During Bob Rae's address, the former interim leader of the Liberal Party of Canada was asked his views on road pricing, which he said he is strongly in favour of. He stated you cannot change behaviour unless price mechanisms are put in place. "Why should a senior citizen living on the 12th storey of an Ontario public housing building pay more in taxes because you're going to improve the infrastructure on the 407, or some other road? Let the people benefiting from the road pay a share of what that costs," he said. "It's the right policy. Over time the right policy makes the most sense to people. It just takes a bit of guts and a bit of courage." Steven Del Duca, Ontario's minister of transportation, was questioned during his address about the province's plan when it comes to High-Occupancy Toll (HOT) lanes, which will allow drivers without passengers to pay to use the lanes. This issue was a hot item during the Pan Am Games this past summer, when temporary HOV lanes were set up along main highways across Ontario to move athletes and spectators between various venues.

"They (the Games' transportation team) are taking a lot of the learnings from that process and the analysis and they're working on this as we speak," he said. "They know that there is interest out there." Del Duca stated the province is committed to rolling out HOT lanes, but the finer details about the plan won't be released just yet. "I am focused as part of my mandate on the provincial highway network, so essentially the 400 series highways. I've said on the record that we will not be taking out general purpose lanes," he added. "I am looking forward to being in a position before the end of this year to provide an update to the people of Ontario regarding what our high-occupancy toll lane program or plan will look like." The CCPPP conference was held in Toronto Nov. 2 and 3. Nov 16, 2015 Please find this article online below: http://dailycommercialnews.com/Infrastructure/News/2015/11/Rae-Del-Duca-talk-road-pricing-at-P3-2015-1011444W/

While public-private partnerships (P3s) have become a go-to for large, complex infrastructure projects, there are still opportunities to tweak the model further, while achieving similar benefits.

Enter the so-called public-public partnership — yes, it's still a P3 — in the form of a new model championed by CDPQ Infra, an exclusive subsidiary of Caisse de dépôt et placement du Québec (CDPQ), an institutional investor managing more than $240 billion in assets.

Under the business model, CDPQ Infra acts as owner-operator of select infrastructure projects while assuming responsibility for the planning, financing, execution and operation of the asset. These projects will generate commercial returns for the investor and its partners while limiting the financial impact of infrastructure projects on the government's balance sheet. CDPQ is currently evaluating the feasibility of two public transit systems in the greater Montreal area: an electric rail commuter line on the new Champlain Bridge; and an electric rail line linking downtown Montreal to the Montréal-Trudeau International Airport and the West Island.

"We have a deep belief that it's the operation of business, the operation of great infrastructure projects and the operation of buildings that's the source of the creation of economic value," says Michael Sabia, president and chief executive officer, CDPQ. "Much more, and much more durable than financial engineering." That's especially true in an era where institutional investors can only count on tiny returns from traditional bonds and other public investment instruments. Under the model, government remains the guardian of the public interest, identifying infrastructure needs and potential projects; and CDPQ Infra takes on all initial planning, studies and preparatory work to determine whether the project is commercially viable. "After a 12 to 18-month study, CDPQ Infra will decide whether the Quebec projects will be financially viable," Sabia says. If the project is viable, CDPQ Infra proposes a series of packages to the public body, which will decide on the one that suits it best. "Once they make those decisions as guardian of the public interest, we take over planning, financing, execution and long-term operation of the project," says Sabia. How does the public-public partnership differ from a traditional P3? CDPQ Infra takes on the full project risk, diversifying its own risk only through the participation of other institutional investors. None of the budget of the project sits on government balance sheets. "We'll do it from soup to nuts," says Sabia. "It's more of a one-stop-shop approach." And while P3 proponents choose their teams up front, CDPQ Infra will choose its partners as required.

"We are not a construction company, an engineering company or even a project management company," says Sabia. "We're going to run a rigorous tender process that is globally focused so that we can find the best companies in the world to work on these projects." He says that the current work on the Quebec projects is a "proof of concept." "Our focus here is to prove this will work and export the model to other markets where there may be an expertise gap in negotiating complex P3 contracts," says Sabia. "We're particularly interested in the United States market, which is not an easy market to crack. We see in the United States, as in other countries, there's a certain amount of political resistance to creativity around the financing and operation of infrastructure. "In some countries there's a belief that a water system or transit system or a road is a public asset and should be financed, owned and run by the hand of government. Frankly, I think that's outdated thinking." Sabia notes that the CDPQ Infra model is not a one-size-fits-all solution for infrastructure. "It's an extra tool in our toolbox," he says. "But this is something that won't work in every instance." Sabia spoke at the 23rd Annual Canadian Council for Public-Private Partnerships National Conference in Toronto. Nov 18, 2015 Please find this article online below: http://dailycommercialnews.com/Infrastructure/News/2015/11/Public-public-partnerships-another-approach-to-infrastructure-1011486W/

Chief Clarence Louie of the Osoyoos Indian Band in British Columbia made a telling point recently, stating while most Canadians are calling for upgrades to aging infrastructure, First Nations just want infrastructure in the first place. Louie recently spoke about the progress that's being made by First Nations communities when it comes to embarking on projects with the private sector.

"How do you know that you're on an Indian reserve in this country? It's where the pavement ends," he said during a panel discussion on Checking the Canadian P3 Pulse at the Canadian Council for Public-Private Partnerships (CCPPP) annual conference. "First Nations wish we had roads and clean water to drink and the infrastructure that other Canadians just take for granted." Louie, however, was quick to point out that First Nations are beginning to take matters into their own hands by interacting with private sector companies that may want to embark on public-private

partnerships (P3s) in these communities.

"First Nations are going to become part of the economy in this country. There's going to be some major, major projects done on First Nations reserves in the next decade," he said. "We have to become business-minded. It's the economic horse that pulls the social cart. Too many of my people are trying to put the cart before the horse." His community is part of a P3 project that's comprised of building the new Okanagan Correctional Centre. With the construction cost of the project coming in around $200 million, the centre is made up of 378 high-security inmate cells that are organized within 10 living units. The 36-acre site is located seven kilometres north of Oliver, B.C., on Highway 97 in the Senkulmen Business Park, which is owned by the Osoyoos Indian Band. The Okanagan Correctional Centre project is a partnership of the government of B.C., the Osoyoos Indian Band and a private-sector consortium led by Plenary Justice. It is slated for completion in 2016. "I think the project done on Osoyoos is the first of its kind in the country," Louie stated. "I dare say, it's one of the first P3 projects done on any of the 2,000 Indian reserves in this country. I didn't know what a P3 was before this. The contacts we've made over this project with the construction companies and all the spin off from that is huge for our community." Former interim leader of the Liberal Party of Canada, Bob Rae, who provided a keynote address at the conference, also highlighted the need for the private sector to reach out to First Nations communities. "We cannot solve the water question on reserves in the country without public-private partnerships. We'll be waiting for governments to say you're next. There are First Nations that are told, you're on a list, but you're not going to get it done for a decade," he said.

"That means for that extra period of time, that whole community is going without clean running water. The only way this is going to be fixed is if we create new partnerships." Rae, who is known as a strong advocate for First Nations, stated progress is being made. "Everywhere across the country, there are very exciting partnerships being established between First Nations and companies. It's a key part of the development," he said. "There's a lot of flexibility, there's a lot of innovation. There's a lot greater benefit to the First Nations. There are huge incentives to doing it rather than waiting for government to do it." JP Gladu, president and CEO of the Canadian Council for Aboriginal Business, who also took part in a panel at the conference, added there are other factors to consider. "When we're looking through the lens of some of the challenges, some of it has to do with the capacity of the community to participate, not only financially but also having a spotless balance sheet," he said "We talked about scale of projects. We recognize that there's a certain dollar amount associated with P3 projects that we need to hit in order to make them feasible." Both Louie and Gladu emphasized the importance of getting to know First Nations communities and realizing the opportunities that exist. "I think there's misconceptions about who we are as people ... but there are also a lot of incredible strengths," Gladu said. "There are a lot of great aboriginal businesses across the country that can participate in supporting P3 projects and leaders that are becoming ready. At the end of the day, it's down to rebuilding the relationships in this country." Louie also provided words of advice to both First Nations and the private sector.

"My message to First Nations is we have to get involved with the private sector. We should be hanging around with business people," he stated. "For those contractors that are in the room, there's over 2,000 Indian reserves in this country. There's going to be a lot of infrastructure projects coming down the line and with so many First Nations now realizing they have to get the economic horse up and running again, there's going to be a lot of business opportunities." The CCPPP conference was held earlier this month. Nov 24, 2015Please find this article online below: http://journalofcommerce.com/Infrastructure/News/2015/11/Osoyoos-chief-endorses-P3-delivery-model-1011641W/

Canadian Council for Public-Private Partnerships (CCPPP) CEO Mark Romoff told P3 Bulletin that P3s will still remain a necessary part of the country’s plans to deliver new cross sector projects in the coming years. “Though CCPPP was supportive of the screen, in view of its demonstrated economic impact, we believe provinces, territories, municipalities and Aboriginal governments will continue to see the value of pursuing large and complex projects as P3s,” he said. “We also believe that, given the ambitious infrastructure agenda put forward by the government and its stated interest in working with the private sector in its delivery, P3s will continue to be one of the tools necessary to achieve that plan.” As reported earlier this month, Trudeau made the decision in a bid toincrease transparency surrounding the fund.

The move has cast some doubt over the future use of the model, which had been a key feature under the previous Conservative government. Trudeau has pledged to double the federal infrastructure budget to almost $125bn over the next decade. An in-depth look at the issues affecting the Canadian market will feature in the winter edition of P3 Bulletin, out next month. Please find this article online below: http://www.p3bulletin.com/news/view/94285

At the 23rd annual conference of the Canadian Council for Public-Private Partnerships in Toronto on November 2, one of the breakout sessions drew attention to some of the snags and difficulties that can be involved in P3 infrastructure contracts.

The P3 conference is a huge and glitzy affair “bringing together 1,200 senior government and business leaders from across Canada and around the world.” The well-heeled crowd thronged the halls and ballrooms of the Sheraton Centre downtown.

The business of P3s is evidently thriving: governments are becoming increasingly dependent on private consortia to design, build and operate everything from highways and transit, to jails, courthouses, hospitals, and almost everything in between. After an opening keynote presentation by Toronto Mayor John Tory, there were big-picture general sessions, including one with the Finance Ministers of Ontario and Quebec. Another included Amanda Farrell, president and chief executive officer of Partnerships BC, and Rob Holden, former head of the Crossrail project in London, U.K.. Next were the breakout sessions, which took a more focused approach. In “Balancing the Scales: Fine Tuning P3 Procurement” the panel consisted entirely of lawyers. Three were partners in large law firms, along with Marni Dicker, executive vice president and general counsel with Infrastructure Ontario. Moderator Chris Bennett of Osler, Hoskin & Harcourt began by asking how many in the audience were lawyers — and about half the people in the room put up their hands! Bennett then asked the panel to respond to issues that frequently arise in the course of P3 projects. Several of those issues relate directly to the role of engineering consultants. First the panel discussed design compliance versus legal compliance: does a design have to be 100 per cent in accordance with the request for proposal in order to qualify? The panelists generally agreed that proponents should have some room to innovate. However, Judy Wilson, a partner with Blake, Cassels & Graydon, said she believed design compliance should be scored. She said there is a point where the design is so different to what is specified, it tips into legal non-compliance.

Owners who provide design consultation sessions for bidders to help them prepare their proposals was another issue discussed. It was suggested that these sessions can lead to the owners — consciously or unconsciously — actually coaching a favourite team in how to achieve the highest score. Dicker said that Infrastructure Ontario ensures a level playing field by having “fairness monitors” in the room to ensure that no one bidder is given more detail than another. The consolidation of engineering and construction companies was another hot topic. The panelists said they are increasingly facing situations where following an acquisition the combined engineering company ends up with teams on both sides of the table. Sometimes the amalgamated consulting engineering firm has one group acting on behalf of the government owner, and another group consulting for the private consortium. In other cases, the company has staff on two competing bidding teams. Obviously these situations give rise to a conflict of interest. Dicker said that how they untangle the problem depends on what stage the project is at when the merger-acquisition of the consultants occurs. If the merger is prior to the project’s financial close, then it is their opinion that the bidder should have to replace their consultants. If the situation occurs after procurement and during construction, then they recommend the opposite: that the project owner removes the consultants from their team and allows the successful P3 bidder to keep them. Dicker explained that Infrastructure Ontario must avoid conflicts of interest. “We pride ourselves on being fair,” she said. Wilson agreed, the owners “have no choice but to intervene,” in these cases, but said that there are ways that consolidating firms could manage these situations by setting up ethical walls. These would involve a firm finding ways to demonstrate that it can keep its

internal systems and documentation on the two projects separate. Another panelist, Doug Sanders of Borden Ladner Gervais, felt that the design community is sophisticated enough to police itself and deal fairly in these situations. Another bugbear for P3 project owners is “professional bid teams.” The panel discussed how owners are becoming tired of finding out that once a project gets under way, the “stars” that were part of the P3 consortium’s bidding team are not actually working on the project. One panelist said that in these scenarios, “I’m seeing pretty annoyed owners wanting to impose bigger and bigger penalties.” Sanders explained that what is happening is that consortia sometimes bid on two or three projects and they put forward the same high-profile team on them all. Once the firm has won the contract, the team moves on. He suggested that owners could avoid such disappointments by scoring the bidding team based only on the three lowest ranking members. He also said that the issue of losing key individuals from a P3 team is a crucial issue not just during bidding, but also during construction. On one project he said, they had 10 different project managers in the first two years. Also on the agenda was a discussion of “interface agreements,” which apply to the operations stages of P3 projects once they’re built. When problems arise between the contractor and the party that’s operating the facility, how much should the public owner be involved? Dicker said that at Infrastructure Ontario they expect the private partners to work things out between them, but conceded that there might be a need for more monitoring and for including interface conditions to be submitted with bids. Please find this article online below: http://www.canadianconsultingengineer.com/engineering/p3-2015-panel-discusses-complexities-emerging-with-p3s/1003401327/

Recent public opinion research conducted by Nanos on public-private partnerships (P3s) shows the average Canadian’s opinion on the topic is intuitive — the projects have to pass a particular gut check. So says Nik Nanos, chairman of Nanos Research Group of Companies, who recently presented the findings at the Canadian Council for Public-Private Partnerships (CCPPP) annual conference during a panel discussion entitled Checking the Canadian P3 Pulse. Conducted for CCPPP, the research explored the views of the general public on P3 projects as well as those of key decision-makers. "We did focus groups across the country on P3 projects and got really a hands-on, granular view on the gut feel, the logic, the emotion and how people felt about P3s," he explains. "Understanding the Canadian mood, understanding what can advance P3s, the acceptance and use of P3s, is absolutely critical." Nanos outlined what Canadians viewed as their likes and dislikes when it comes to P3s, beginning with how the public viewed the current state of the country.

"Canadians know — they don't have to be public policy experts, or economic experts — they know that we need new infrastructure," he says. "They know that we desperately need infrastructure and services to be delivered and that there are increasing and competing demands on limited tax dollars. That's where we got into the discussion about P3s." Among the positives, Nanos states, was the fact the public felt that by engaging the private sector a government could financially leverage a situation in order to deliver infrastructure. What's more, "by having a private sector in a project there was a greater likelihood to be on time," he explains. People also noted when they thought about various P3 projects like bridges, sports facilities and hospitals, it meant something to them as it benefited their community. "There was a belief that the P3 model was more likely to be innovative, cutting edge, looking at the latest, what I'll say, strategies and managerial practices," Nanos adds. "That would be an immediate benefit." The public also viewed the private sector as being able to manage risk more effectively. "Companies know how to price risk, they know how to factor risk. It's important to their bottom line," he says. "Governments are not as good at managing and factoring risk because it is not as much of a factor for them. If a project goes over budget, then it goes over budget." While there were some positives about P3s, the participants also outlined some negatives. "On the negative side of the ledger, (there were) lots of questions about transparency," Nanos says, adding some wanted a website that held all the information about the

procurement process, noting that it was just important "to know that the website exists." "There are a number of initiatives that can be engaged on the transparency front and it doesn't mean being more transparent, it probably actually just means doing a better job at communicating what you're already doing." Questions surfaced about the "true" cost of these projects, Nanos states, as well as the role of foreign companies. "It can give us the infrastructure that we want, but then they would say what is the true cost over the lifetime of a project? And where can we get that type of information?" he says. "We're not hot on foreign companies. We like Canadian companies. We love companies in our communities. If a P3 had a local partner that would just be ideal because local partners are vested in the community. Just from a public acceptance point of view, having a mix of companies, including foreign companies that can bring international expertise (was preferred)." The focus groups and in-depth, one-on-one interviews with municipal and aboriginal stakeholders also revealed what decision-makers would like to see in a P3. "There was a level of intrigue and interest in trying to figure out how they can take advantage of the model," Nanos says. The decision-makers involved in the research mainly wanted guidelines as how to implement P3s, examples of successful projects, more transparency and clarity and quality information on P3s. Overall, Nanos says the research indicated the public is willing to examine and accept P3s as a viable model for infrastructure. "People are disgruntled with government and they're worried about governments' ability to deliver the infrastructure and services that they want," he states.

"They (the public) will always believe that the private sector is at the forefront of the best management and business practices out there — that they will have a drive to be on time and to meet commitments and that these are the key benefits that people see of P3s." The CCPPP conference was held in Toronto earlier this month. Nov 25, 2015 Please find this article online below: http://dailycommercialnews.com/Economic/News/2015/11/Nanos-research-measures-the-Canadian-P3-pulse-1011666W/

December 1, 2015 by JIM BARNES Not that long ago, when people at a party asked me what On-Site was about, I’d say “construction.” They would nod diplomatically. Now, I say “infrastructure,” and I get their full attention. Infrastructure, a concept that most people grasped only vaguely a decade ago, has become a fashionable topic. Surveys reveal that large swathes of voters feel it is a suitable tonic for the country’s economic woes, even though for many, concerns about transparency remain to be dealt with. Politicians, too, have been crying infrastructure from the rooftops as a top national priority. And business is eager to join the party, as P3s make profitable, steady, long-term investments a reality. This struck me with great force at the Canadian Council for Public-Private Partnerships National Conference in Toronto in November. The politicians were very much front and centre, including Toronto Mayor John Tory, Ontario Finance Minister Charles Sousa and Quebec Finance Minister Carlos Leitao. With an infrastructure deficit ballparked at $400 billion, the hunger for infrastructure improvement in the room was quite apparent. Most people in the audience appeared to be quite taken with the new federal government’s aggressive stance on infrastructure investment. The investment community was also present in large numbers. Looking around the room in some of the conferences, I could only guess at the hundreds of billions of dollars parked on the chairs that were looking for worthwhile projects to invest in. The old rules are dropping away. it is clear that pension funds are quite prepared to push the boundaries of how they invested their funds. And of course there was a host of civil servants, lawyers and consultants eager to further the cause.

What is getting in the way? First, reasonable standards of efficiency, transparency and risk have to be met, and many of the sessions at the P3 conference focused on just that. At the end of the day, I think we might be looking at the perfect storm for infrastructure – a long-term period of investment that will be of historical importance. We’ve come a long way in the past 30 years, from infrastructure investment being something of a political reward to infrastructure as driver of job creation to the situation today, where it actually looks like investments will be made to strengthen the economy over the long term. Payback numbers of as high as 1.7 times were being tossed around during the event – every dollar invested in infrastructure pays you back $1.70 in long-term economic benefits. But as one speaker noted, that’s really just a number. It depends on the specifics of the project itself. Throwing money at a badly planned or unnecessary project is not going to get you any return on your investment. It is no longer enough to look for projects that are “shovel-ready.” The fact that they are ready to go is merely a detail. We have to look for bang for the buck, projects that will enrich the country and improve our productivity even as we pay the debt. Economist Dr. Jack Mintz, President’s Fellow, School of Public Policy, University of Calgary made that point in a news conference after the election. The focus should be on projects that enhance productivity. “We don’t need infrastructure spending to stimulate the economy. We need infrastructure spending to grow the economy,” he noted. The main obstacle I foresee for the next few years is simply capacity – Canada’s chronic shortage of construction talent. I suspect it’s going to be an interesting ride, as the infrastructure juggernaut gathers speed. Please find this article online below: http://www.on-sitemag.com/features/infrastructure-the-perfect-storm/

Please find this article online below: http://www.equipmentjournal.com/Portals/0/newspapers/2015/NP_Issue17_2015.pdf

AWARDS

TORONTO, Oct. 28, 2015 /CNW/ - The Canadian Council for Public-Private Partnerships (CCPPP) is proud to announce the 2015 recipients of the National Awards for Innovation and Excellence in Public-Private Partnerships (P3s), including the 2015 P3 Champion.

"The Council's Awards Program this year is marked by a slate of distinguished award winners delivering unprecedented best-in-class infrastructure in transportation, health care, corrections and schools," said Mark Romoff, President and CEO of CCPPP. "These high-quality projects contribute to Canada's strong track record of success for groundbreaking partnerships between business and government to address emerging and longstanding infrastructure needs in a variety of sectors across the country." P3s have become such an economic driver for infrastructure delivery that, over the 10-year period between 2003 and 2012, 121 P3 projects in Canada created 290,000 direct full-time equivalent jobs, contributed $25.1 billion to direct GDP and generated $9.9 billion in cost savings and $7.5 billion in tax revenues to federal and provincial governments. In a separate study, the Conference Board of Canada estimates that Canadian P3s deliver an average of 13% in savings when compared with conventional projects.

"There are 238 P3 projects across Canada, with those that are already in operation or under construction valued at more than $81 billion, and they are making our daily lives easier, creating jobs, growing the economy, and returning more money to governments to reinvest in public services," added Mr. Romoff. The awards will be presented on November 2nd at The Council's annual conference. This event is internationally recognized as the premier forum on public-private partnerships, bringing together 1,200 senior government and business leaders from across Canada and around the world. Gold Award Winners New Champlain Bridge Corridor Project (Effective Procurement Award) – The New Champlain Bridge Corridor Project is one of the largest infrastructure projects in North America. The New Champlain Bridge Corridor Project will modernize the Champlain Bridge corridor and provide world-class infrastructure to Montrealers, including two new bridges with a lifespan of 125 years. The new bridge over the St. Lawrence will replace and modernize the aging Champlain Bridge and will also provide a central corridor exclusively dedicated to public transit capable of accommodating buses or a light rail system. The project also includes a new Île-des-Sœurs bridge, reconstruction of Highway 15 on Île-des-Sœurs and reconstruction and widening of Highway 15 on the Island of Montréal. Signature on the Saint-Laurent Group (a consortium led by ACS Infrastructure Canada, Hochtief PPP Solutions and SNC-Lavalin) is the private partner of this important project. Construction on the new Champlain Bridge began this summer and it is targeted to be in service by 2018, with the remainder of the corridor completed by October 2019.

Eglinton Crosstown Light Rail Transit Project (Project Financing Award) – The Eglinton Crosstown LRT – a partnership of Infrastructure Ontario, Metrolinx, and Crosslinx Transit Solutions General Partnership (a consortium comprising four equal partner companies including ACS Infrastructure Canada, AECON, EllisDon and SNC-Lavalin) – is the largest transit expansion in Toronto's history and the first transit project to receive funding through green bonds for environmentally friendly infrastructure. Once completed in 2021, the Eglinton Crosstown will be one of the largest P3 (known as Alternative Financing and Procurement – AFP in Ontario) projects in the country. The new LRT will move people up to 60 percent faster than existing bus services, accommodate more than ten times as many passengers, and provide a seamless customer experience between the new Metrolinx-owned LRT line and the existing GO Transit network and Toronto Transit Commission's (TTC) owned-and-operated system. Humber River Hospital Project (Infrastructure Award) –The new Humber River Hospital – a partnership of Humber River Hospital, Infrastructure Ontario, and Plenary Health Care Partnerships – is one of Canada's largest acute care hospitals and North America's first fully integrated and interoperable digital hospital. This P3 project is a state-of-the-art facility covering 30 acres, designed to serve more than 850,000 people in the northwestern Greater Toronto Area. The hospital, which opened its doors to the public on October 18, stands at the forefront of innovation and is recognized widely as using some of the most modern technologies in the medical field. Silver Award Winners Okanagan Correctional Centre Project (Community Involvement Award) – The Okanagan Correctional Centre (OCC) project – a groundbreaking partnership of the

Government of British Columbia, the Osoyoos Indian Band, and a private-sector consortium led by Plenary Group – is the first maximum-security correctional centre to be built on First Nations land in British Columbia, and it was done as a full P3. The state-of-the-art facility is currently under construction in the Senkulmen Business Park in Oliver, British Columbia, part of the Osoyoos Indian Band's traditional Reserve lands. Once operational in early 2017, the OCC will more than double corrections capacity in BC's interior, improve safety for staff and inmates and act as an ongoing economic catalyst in the Okanagan region of the province. Saskatchewan Joint Use Schools Project 1 and 2 (Innovative Partnerships Award) – The Saskatchewan Joint Use Schools Project 1 and 2 ("SJUSP I" and "SJUSP II") – a partnership between SaskBuilds and the Joint Use Mutual Partnership team led by Concert Infrastructure Ltd. – is the largest new schools construction project in Saskatchewan's history. The P3 project includes the design and delivery of 18 modern state-of-the-art schools on nine joint-use sites in the communities of Regina, Saskatoon, Martensville and Warman. The SJUSP I and SJUSP II project addresses the unprecedented growth taking place in these communities and will alleviate the pressures being placed on existing area schools by providing space for 11,100 students from kindergarten to grade eight. Furthermore, the projects demonstrate the value of delivering smaller facilities in a bundled P3 approach. The facilities will also include an additional 810 spaces of childcare and community resource space, and incorporate First Nations' educational needs. The new schools will be ready in time for students in September 2017, and will be fully owned and operated by the school divisions.

P3 Champion Award 2015 Champion Award (Sarah Clark, Partnerships BC) – Sarah Clark is this year's recipient of the 2015 Champion Award for her outstanding service as President and CEO of Partnerships BC from 2010 to 2014. Ms. Clark led and participated in some of BC's largest infrastructure projects, including Port Mann Highway 1, South Fraser Perimeter Road, Evergreen Line, North Island Hospitals and the John Hart Generating Station Replacement. She previously served as Vice President, Partnership Development and Delivery, of Partnerships BC, responsible for management of current projects, development of new partnership structures and opportunities, and the management of client relations and service quality for all projects with Partnership BC's involvement. Prior to her time with Partnerships BC, Ms. Clark worked for Bombardier Transportation, where she spearheaded proposals and projects for local and international rapid transit. Sarah Clark is currently Chief Operating Officer at Fraser River Pile and Dredge (GP) Inc. and a board director of CCPPP. About The Canadian Council for Public-Private Partnerships: Established in 1993, CCPPP is a national not-for-profit, non-partisan, member-based organization with broad representation from across the public and private sectors. Its mission is to promote innovative approaches to infrastructure development and service delivery through public-private partnerships with all levels of government. The Council is a proponent of evidence-based public policy in support of P3s, facilitates the adoption of international best practices, and educates stakeholders and the community on the economic and social benefits of public-private partnerships.

For further information: Media Enquiries: Chris Allicock, Amberlight Productions Inc., (416) 694-3131 (416) 319-8003 (c) [email protected] http://www.pppcouncil.ca Please find this press release online below: http://www.newswire.ca/news-releases/18th-annual-awards-celebrate-exceptional-innovation-and-excellence-in-p3s-537971011.html Please find this press release reposted online below: http://www.equipmentjournal.com/Home/tabid/56/ArticleID/1385/18th-Annual-Awards-Celebrate-Exceptional-Innovation-and-Excellence-in-P3s.aspx http://www.municipalinfonet.com/detail_news.php?ID=550610&cat=;63 http://finance.yahoo.com/news/18th-annual-awards-celebrate-exceptional-152200265.html

TORONTO, Oct. 28, 2015 /CNW/ - The Canadian Council for Public-Private Partnerships (CCPPP) is proud to announce that the New Champlain Bridge Corridor Project has won the Gold Award in the Effective Procurement category of the 2015 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s). The New Champlain Bridge Corridor Project is one of the largest infrastructure projects in North America. Located in Montreal, Québec, the Champlain Bridge is one of the busiest crossings in Canada and a key component of the Continental gateway and trade corridor. The New Champlain Bridge Corridor Project will modernize the Champlain Bridge corridor and provide world-class infrastructure to Montrealers, including two new bridges with a lifespan of 125 years.

The new bridge over the St. Lawrence River will replace and modernize the aging Champlain Bridge and will also provide a central corridor exclusively dedicated to public transit capable of accommodating buses or a light rail system. The project also includes a new Île-des-Sœurs bridge, reconstruction of Highway 15 on Île-des- Sœurs and reconstruction and widening of Highway 15 on the Island of Montréal. "The New Champlain Bridge Corridor Project has set the gold standard for effective procurement with its procurement process conducted in record time for a capital structure of its size and complexity," said Mark Romoff, President and CEO of CCPPP. "The approach taken directly contributed to impressive cost savings of $1.747 billion for the government when compared to the traditional procurement method and will ensure this critical transportation artery will be available well ahead of initial expectations," added Mr. Romoff. Signature on the Saint-Laurent Group (a consortium led by ACS Infrastructure Canada, Hochtief PPP Solutions and SNC-Lavalin) is the private partner of this important project. Construction on the new Champlain Bridge began this summer and it is targeted to be in service by 2018, with the remainder of the corridor completed by October 2019. The award will be presented on November 2nd at The Council's annual conference. This event is internationally recognized as the premier forum on public-private partnerships, bringing together 1,200 senior government and business leaders from across Canada and around the world. About The Canadian Council for Public-Private Partnerships: Established in 1993, CCPPP is a national not-for-profit, non-partisan, member-based organization with broad representation from across the public and private sectors.

Its mission is to promote innovative approaches to infrastructure development and service delivery through public-private partnerships with all levels of government. The Council is a proponent of evidence-based public policy in support of P3s, facilitates the adoption of international best practices, and educates stakeholders and the community on the economic and social benefits of public-private partnerships. For further information: Media Enquiries: Chris Allicock, Amberlight Productions Inc., (416) 694-3131 (416) 319-8003 (c) [email protected] http://www.pppcouncil.ca Please find this press release online below: http://www.newswire.ca/news-releases/new-champlain-bridge-corridor-project-sets-gold-standard-at-18th-annual-ccppp-awards-for-innovation-and-excellence-in-p3s-537982981.html

TORONTO, Oct. 28, 2015 /CNW/ - The Canadian Council for Public-Private Partnerships (CCPPP) is proud to announce that the Eglinton Crosstown Light Rail project has won gold in the Project Financing category of the 2015 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s). The Eglinton Crosstown LRT is the largest transit expansion in Toronto's history and will be one of the largest P3 (known as Alternative Financing and Procurement – AFP in Ontario) projects in the country by the time it is completed in 2021. Once operational, the Crosstown will accommodate more than ten times as many passengers and move up to 60 percent faster than existing bus services.

"Ontario continues to raise the bar as to how governments can use smart financing to deliver highly complex infrastructure projects through public-private partnerships," said Mark Romoff, President and CEO of CCPPP. "The new transit service will serve as a model of public-sector design excellence while maintaining value for money as well as efficient and sustainable operations that will benefit generations to come," added Mr. Romoff. The Eglinton Crosstown Light Rail Transit Project is a partnership of Infrastructure Ontario, Metrolinx, and Crosslinx Transit Solutions General Partnership (a consortium comprising four equal partner companies including ACS Infrastructure Canada, AECON, EllisDon and SNC-Lavalin) and is the first transit project to receive funding through green bonds for environmentally friendly infrastructure. The LRT will allow thousands of commuters to take a convenient, low-emissions transit option every day. "The Crosstown project is the result of years of hard work to deliver a game-changing transit project, and it will raise the standard for other transit projects being delivered in North America," said Bert Clark, President and CEO of Infrastructure Ontario. "With the innovative made-in-Ontario procurement model, taxpayers are protected from risks of cost overruns compared to traditional transit project delivery." "Metrolinx is proud to be delivering this important transit expansion project in Toronto," said Bruce McCuaig, President and CEO of Metrolinx. "Recognizing Metrolinx and its success in delivering this project also recognizes the importance of delivering reliable, convenient and environmentally-friendly travel options so that people choose transit more often."

The award will be presented on November 2nd at The Council's annual conference. This event is internationally recognized as the premier forum on public-private partnerships, bringing together 1,200 senior government and business leaders from across Canada and around the world. About The Canadian Council for Public-Private Partnerships: Established in 1993, CCPPP is a national not-for-profit, non-partisan, member-based organization with broad representation from across the public and private sectors. Its mission is to promote innovative approaches to infrastructure development and service delivery through public-private partnerships with all levels of government. The Council is a proponent of evidence-based public policy in support of P3s, facilitates the adoption of international best practices, and educates stakeholders and the community on the economic and social benefits of public-private partnerships.For further information: Media Enquiries: Chris Allicock, Amberlight Productions Inc., (416) 694-3131 (416) 319-8003 (c) [email protected] http://www.pppcouncil.ca Please find this press release online below: http://www.newswire.ca/news-releases/eglinton-crosstown-light-rail-transit-receives-gold-award-for-project-financing-at-18th-annual-ccppp-awards-for-innovation-and-excellence-in-p3s-538037881.html

NEWS

The Canadian Council for Public-Private Partnerships Recognizes Eglinton LRT On November 2nd, the Eglinton Crosstown Light Rail Transit (ECLRT) Project won Gold in the Project Financing category at the CCPPP's 18th National Awards for Innovation and Excellence in P3. As part of Crosslinx Transit Solutions, EllisDon's Capital Services team accepted the honour at the 23rd Annual CCPPP Conference, the world's largest gathering of P3 decision-makers.

Since 1998, the CCPPP awards have recognized Canadian excellence and innovation in project financing, service delivery, and infrastructure investment. This year, the spotlight fell on the ECLRT Project, the largest transit expansion in Toronto's history. By the time it is completed in 2021, it will be one of Canada's largest P3 projects. Once operational, it will accommodate ten times the passengers— at 60 percent faster speeds— of existing bus services. After the awards were handed out, networking kicked-off with sixteen interactive breakout sessions on the latest P3 projects, issues and processes. Alongside Audrey Cudrak, Director, Project and Technical Services, EPCOR Utilities Inc., and Michael Bernstein, President and CEO, Capstone Infrastructure, Joey Comeau, Vice President, Capital Services at EllisDon, presented P3s for Smaller Projects: Fantasy to Fact, a discussion on the practicalities of using the P3 model on smaller projects. Facing 1,200 senior public and private sector leaders, this panel explained that the P3 model can be attractive to governments and private partners, while achieving the same value-for-money results as large-scale infrastructure projects. EllisDon's Capital Services team backs Canada's most ambitious construction projects. Under strong leadership, this team has successfully bid and closed 29 P3 projects with a capital value in excess of $14 billion, and an equity investment in excess of $100 million. Now they have the work, and the hardware. Congratulations! Please find this story online below: http://www.ellisdon.com/news/-/asset_publisher/zU9rpGSTOUbO/content/the-canadian-council-for-public-private-partnerships-recognizes-eglinton-lrt;jsessionid=746AE92F103FC61D7909B418ABE5734E?redirect=http%3A%2F%2Fwww.ellisdon.com%2Fnews%3Bjsessionid%3D746AE92F103FC61D7909B418ABE5734E%3Fp_p_id%3D101_INSTANCE_zU9rpGSTOUbO%26p_p_lifecycle%3D0%26p_p_state%3Dnormal%26p_p_mode%3Dview%26p_p_col_id%3Dcolumn-3%26p_p_col_count%3D1

The Eglinton Crosstown Light Rail project has won gold in the Project Financing category of the 2015 National Awards for Innovation and Excellence in Public-Private Partnerships.

The award will be presented on 2 November at the Canadian Council for Public-Private Partnerships’s annual conference. The Eglinton Crosstown LRT will be one of the largest PPP projects in Canada by the time it is completed in 2021. Once operational, the Crosstown will accommodate more than ten times as many passengers and move up to 60 percent faster than existing bus services. “Ontario continues to raise the bar as to how governments can use smart financing to deliver highly complex infrastructure projects through public-private partnerships,” said Mark Romoff, President and CEO of Canadian Council for Public-Private Partnerships.

The Eglinton Crosstown Light Rail Transit Project is a partnership of Infrastructure Ontario, Metrolinx, and Crosslinx Transit Solutions General Partnership (a consortium comprising ACS Infrastructure Canada, AECON, EllisDon and SNC-Lavalin). It is the first transit project to receive funding through green bonds for environmentally friendly infrastructure. The LRT will allow thousands of commuters to take a convenient, low-emissions transit option every day.Please find this story online below: http://www.municipalinfonet.com/detail_news.php?ID=550610&cat=;63

The Canadian Council for Public-Private Partnerships (CCPPP) announced in a press release that the Eglinton Crosstown Light Rail Transit (LRT) project has won the gold award in the “Project Financing” category of the 2015 National Awards for Innovation and Excellence in Public-Private Partnerships (PPP). The gold award will be bestowed on 2 November at CCPPP’s annual conference. The Eglinton Crosstown Light Rail Transit Project is a partnership of Infrastructure Ontario, Metrolinx, and Crosslinx Transit Solutions General Partnership. Crosslinx Transit Solutions General Partnership is a consortium comprising four equal partners: ACS Infrastructure Canada, AECON, EllisDon and SNC-Lavalin. “Ontario continues to raise the bar as to how governments can use smart financing to deliver highly complex infrastructure projects through public-private partnerships.

The new transit service will serve as a model of public-sector design excellence while maintaining value for money as well as efficient and sustainable operations that will benefit generations to come,” said Mark Romoff, President and CEO of CCPPP. The Eglinton Crosstown LRT is the largest transit expansion in Toronto’s history and will be one of the largest PPP projects in the country by the time it is completed in 2021. Once operational, the Crosstown will accommodate more than ten times as many passengers and move up to 60 percent faster than existing bus services. The Eglinton Crosstown Light Rail Transit project is the first to receive funding through green bonds for environmentally friendly infrastructure. The Light Rail Transit project will allow thousands of commuters to take a convenient, low-emissions transit option every day. “Metrolinx is proud to be delivering this important transit expansion project in Toronto. Recognizing Metrolinx and its success in delivering this project also recognizes the importance of delivering reliable, convenient and environmentally-friendly travel options so that people choose transit more often,” said Bruce McCuaig, President and CEO of Metrolinx. Please find this story online below: http://www.fotcp.com/fot/gold-award-for-eglinton-lrt/

TORONTO, Oct. 28, 2015 /CNW/ - The Canadian Council for Public-Private Partnerships (CCPPP) is proud to announce that Humber River Hospital (HRH) has won the Gold Award in the Infrastructure category of the 2015 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s). Humber River is one of Canada's largest acute care hospitals and North America's first fully integrated and interoperable digital hospital. This $1.75 billion P3 project (known as Alternative Financing and Procurement – AFP in Ontario) is a state-of-the-art facility covering 30 acres, and is designed to serve more than 850,000 people in the northwestern Greater Toronto Area.

"The HRH project stands at the forefront of innovation and is recognized widely as using some of the most modern technologies in the medical field," said Mark Romoff, President and CEO of CCPPP. "As one of 88 hospitals and health-care facilities built under a public-private partnership in Canada, it is also a testament to the benefits of P3s, opening on time and on budget," added Mr. Romoff. Some of the facility's innovative digital technologies include robots to deliver non-narcotic drugs and other supplies, immediate charting of diagnostic images for real-time remote consultation with experts, and self-serve check-in kiosks that automate patient records and notify the relevant care teams when a patient has arrived. "Ontario is a recognized leader in procuring high-quality hospitals through the P3 approach," said Bert Clark, President and CEO of Infrastructure Ontario. "North America's first digital hospital will help put patients first by providing better access to high quality health care services in a modern, high-tech facility." The hospital is designed to meet LEED Silver certification standards, and is tracking LEED Gold compliance. It was designed and constructed to minimize environmental impact with 100 percent fresh air throughout, 20,000 equivalent savings in tons of CO2 due to green initiatives, and 95 percent of construction waste diverted from landfill. The Humber River Hospital opened its doors to the public on October 18. The project is a partnership of Humber River Hospital, Infrastructure Ontario, and Plenary Health Care Partnerships. The award will be presented on November 2nd at The Council's annual conference.

This event is internationally recognized as the premier forum on public-private partnerships, bringing together 1,200 senior government and business leaders from across Canada and around the world. About the Canadian Council for Public-Private Partnerships: Established in 1993, CCPPP is a national not-for-profit, non-partisan, member-based organization with broad representation from across the public and private sectors. Its mission is to promote innovative approaches to infrastructure development and service delivery through public-private partnerships with all levels of government. The Council is a proponent of evidence-based public policy in support of P3s, facilitates the adoption of international best practices, and educates stakeholders and the community on the economic and social benefits of public-private partnerships. For further information: Media Enquiries: Chris Allicock, Amberlight Productions Inc., (416) 694-3131 (416) 319-8003 (c) [email protected] http://www.pppcouncil.caPlease find this press release online below: http://www.newswire.ca/news-releases/humber-river-hospital-wins-gold-at-18th-annual-ccppp-awards-for-innovation-and-excellence-in-p3s-537970461.html

TORONTO, Oct. 28, 2015 /CNW/ - The Canadian Council for Public-Private Partnerships (CCPPP) is proud to announce that the Okanagan Correctional Centre P3 project has won the Silver Award in the Community Involvement category of the 2015 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s). "There is no doubt that many First Nations communities in Canada face a significant infrastructure gap as well as the added challenge of accessing the P3 market," said Mark Romoff, President and CEO of CCPPP. "The Okanagan Correctional Centre is a unique and groundbreaking partnership with the Osoyoos Indian Band (OIB), and serves as a model of how to develop and build a best-in-class P3 on First Nations land," added Romoff.

The OCC is a state-of-the-art correctional centre under construction in the Senkulmen Business Park in Oliver, British Columbia, part of the Osoyoos Indian Band's traditional Reserve lands. This new facility will significantly increase the province's correctional services capacity, improve safety for staff and inmates, and act as an ongoing economic catalyst in an economically depressed region of the province. The OCC will be constructed to attain Leadership in Energy and Environment Design (LEED®) Gold certification ensuring a high-level of sustainability is achieved for the building. "The new Okanagan Correctional Centre will more than double corrections capacity in B.C.'s interior, further enhancing public safety for communities, correctional staff and inmates throughout the province," said B.C. Minister of Justice Suzanne Anton. "The OCC will also generate significant economic benefits for our South Okanagan region. This includes the creation of up 1,000 direct and indirect jobs supporting the build, and another 240 new, full-time correctional positions when the centre opens early 2017." The Okanagan Correctional Centre Project is a partnership of the Government of British Columbia, the Osoyoos Indian Band, and a private-sector consortium led by Plenary Group. The project is expected to achieve value for taxpayer's dollars of $39.3 million (or 14 percent) when compared to the traditional procurement delivery method. The award will be presented on November 2nd at The Council's annual conference. This event is internationally recognized as the premier forum on public-private partnerships, bringing together 1,200 senior government and business leaders from across Canada and around the world.

About The Canadian Council for Public-Private Partnerships: Established in 1993, CCPPP is a national not-for-profit, non-partisan, member-based organization with broad representation from across the public and private sectors. Its mission is to promote innovative approaches to infrastructure development and service delivery through public-private partnerships with all levels of government. The Council is a proponent of evidence-based public policy in support of P3s, facilitates the adoption of international best practices, and educates stakeholders and the community on the economic and social benefits of public-private partnerships.For further information: Media Enquiries: Chris Allicock, Amberlight Productions Inc., (416) 694-3131 (416) 319-8003 (c) [email protected] http://www.pppcouncil.caPlease find this press release online below: http://www.newswire.ca/news-releases/okanagan-correctional-centre-project-wins-silver-at-18th-annual-ccppp-awards-for-innovation-and-excellence-in-p3s-537974721.html

TORONTO, Oct. 28, 2015 /CNW/ - The Canadian Council for Public-Private Partnerships (CCPPP) is proud to announce that the Saskatchewan Joint Use Schools Project 1 and 2 ("SJUSP I" and "SJUSP II") has won the Silver Award in the Innovative Partnerships category of the 2015 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s). The SJUSP I and SJUSP II project – a partnership between SaskBuilds and the Joint Use Mutual Partnership Team led by Concert Infrastructure Ltd. – is the largest new schools construction project in Saskatchewan's history with 18 schools on nine joint-use sites in the communities of Regina, Saskatoon, Martensville and Warman. The new schools will be ready in time for students in September 2017, and will be fully owned and operated by the school divisions.

"This project best exemplifies how P3s can be used for large and complex infrastructure projects to ensure both on-time and on-budget delivery and greater innovations that emerge through the competitive bidding process," said Mark Romoff, President and CEO of CCPPP. "The bundling of schools in this case opened the door for more creative and efficient design which translates into $100 million in savings for taxpayers," added Mr. Romoff. The Saskatchewan Joint Use Schools Project delivers multiple schools at once to accommodate the unprecedented growth taking place in these communities and to alleviate the pressures being placed on existing area schools. At full design capacity, the modern state-of-the-art schools will accommodate 11,100 students from kindergarten to grade eight. The facilities also provide an additional 810 spaces of childcare and community resource space, and incorporate First Nations' educational needs. "The joint-use facilities will maximize opportunities for students, create efficiencies, and strengthen partnerships between the school divisions," said SaskBuilds Minister Gordon Wyant. "The P3 model facilitated a broad engagement of local subtrades and suppliers and is expected to generate about 2,300 new jobs in the process." The award will be presented on November 2nd at The Council's annual conference. This event is internationally recognized as the premier forum on public-private partnerships, bringing together 1,200 senior government and business leaders from across Canada and around the world. About The Canadian Council for Public-Private Partnerships: Established in 1993, CCPPP is a national not-for-profit, non-partisan, member-based organization with broad representation from across the public and private sectors.

Its mission is to promote innovative approaches to infrastructure development and service delivery through public-private partnerships with all levels of government. The Council is a proponent of evidence-based public policy in support of P3s, facilitates the adoption of international best practices, and educates stakeholders and the community on the economic and social benefits of public-private partnerships. For further information: Media Enquiries: Chris Allicock, Amberlight Productions Inc., (416) 694-3131 (416) 319-8003 (c) [email protected] http://www.pppcouncil.ca Please find this press release online below: http://www.newswire.ca/news-releases/saskatchewan-joint-use-schools-project-1-and-2-wins-silver-at-18th-annual-ccppp-awards-for-innovation-and-excellence-in-p3s-537974091.html Please find this press release reposted online below: http://www.bird.ca/get_file.php?module=module_news&id=212

Documents

P3 2015 Conference Page Break Report