Canada Leading the Way With PPP
Posted by Steve Thomas on Tuesday, May 15, 2018
Public-Private Partnerships (PPP or P3) have become increasingly used across Canada, successfully delivering many large infrastructure projects on time and to budget. The World Bank estimates that PPPs have saved the Canadian government $27 billion Canadian dollars and delivered projects 13% faster than traditional procurement.
Having quietly become a leading player in the global PPP arena, Canada could be an excellent career move for construction professionals looking to gain experience in this popular delivery model. Here’s a look at some of the latest projects being delivered using PPP across the East Coast.
Major Infrastructure Projects
The Gordie Howe International Bridge will increase capacity at the Windsor-Detroit border in Ontario and Michigan respectively, providing a new, six-lane bridge across the Detroit River. Once complete, this bridge will be one of the top five longest bridges in North America. Estimated to cost between $1–2.2 billion, procurement is in the final stages with works expected to start in 2018 and complete in 2020.
The Highway 427 Expansion project in Toronto, Ontario is a $616 million project to build a new 6.6km, eight-lane highway with three interchanges, as well as widen an existing 4km stretch of highway from six to eight lanes. Currently underway, works are expected to complete in 2021.
Hamilton Light Rail Transit (LRT), located approximately halfway between Toronto and Niagara Falls, is a $1 billion project to build 14km of new light rail. The contract award is expected in 2019, with works completing in 2024 – providing a great opportunity to join the project from the start and experience life in this beautiful area of Ontario.
PPP for Healthy Projects
Healthcare projects are also well-suited to PPP procurement. In Toronto, the Centre for Addiction and Mental Health (CAMH) is undergoing a $685 million redevelopment with two new buildings being constructed to provide new treatment and research facilities, to be completed in 2020.
In Newfoundland, also on the East Coast, Request for Qualifications (RFQs) for the new Corner Brook Hospital project were issued in January 2018, a new 164-bed acute care hospital expected to begin construction in 2019 and complete in 2023.
The Time Is Now
With Canada firmly in the PPP spotlight, now is the time to get involved in one of the many upcoming projects and gain firsthand experience of PPP for your career development. Whether you are a quantity surveyor, commercial manager, engineer or other construction professional, working in Canada could prove to be a great career move.
Speak to Steve Thomas to discuss the opportunities we currently have in the Great White North.
Steve Thomas
Operations Director, UK
I am responsible for the delivery of Search Assignments, Business Development and UK Candidate Attraction Strategy. Based in Leicester and Melton Mowbray and have 20+ years experience in construction recruitment. I focus on recruiting for construction jobs in the East Midlands, West Midlands and across London and South East England.
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Email: steve@maximrecruitment.com