Indeed, Canada’s reputation as a global
leader in P3s attracts interest from around
the world. “Canada identified and studied
the very best international practises [that
could be adapted to our environment, and
today we have an approach recognized
around the world as best-in-class,” says
Romoff. “We have come a long way over
the past 25 years, and now have a council
that is quite representative of jurisdictions
across Canada that support P3s and the
key industry players with over 400 mem-
bers in the council.”
What sets Canada apart? Romoff says a
strong commitment at the most senior
levels is a huge advantage. “We have had
a group of political leaders across Canada
that have been great supporters of P3s,”
says Romoff, citing Ontario’s PremierWyn-
ne as an example of a strong proponent
of the Alternative Financing and Procure-
ment model.
Canada also benefits from provincial in-
frastructure agencies, like Infrastructure
Ontario, Partnerships BC, and SaskBuilds,
that are responsible for coordinating all
infrastructure investment. “This opens
up these projects to bidders around the
world,” says Romoff. “True competition
is a hallmark of the Canadian approach. It
drives down cost, and tends to stimulate
more innovative solutions.”
Transparency is another key factor. Romoff
Romoff with Christiana Figueres an
Romoff presenting t
92 business elite canada
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