ABSTRACT
This chapter explains distinctly Canadian models of Public Private Partnerships (PPP) governance, financing and project delivery that have emerged over the past two decades. In Canada, during the second wave of PPPs, realizing value for money was identified as the primary rationale for delivering infrastructure through PPPs by their government, private sector and political promoters. Over the past decade, policy frameworks have been developed at various levels of government in Canada to make PPPs the preferred model for delivering large greenfield infrastructure projects, as well as major building additions or renovations. Despite the interprovincial diversity of PPP practice in Canada, it is now common across the country that each project being considered for delivery as a PPP is vetted through a value-for-money assessment using the Anglo-style public sector comparator approach. The future of PPPs in Canada is shaped by the country's infrastructural needs.
