April 27, 2017
News Release - A CCPPP Statement on the Ontario Budget
The Canadian Council for Public-Private Partnerships, (CCPPP), applauds the Ontario government’s commitment to a balanced budget for 2017-18.
The Council is particularly pleased to see the creation of a Long-Term Infrastructure Plan and an increase of $30 billion in infrastructure investments for the 12 year plan announced in the 2016 Budget. That brings the provincial investment in public infrastructure to an unprecedented $190 billion over a 13 year period. We welcome the continued use of the Alternate Financing and Procurement, (AFP), model to successfully deliver much of Ontario’s critical infrastructure.
“Ontario continues to be a global leader in infrastructure investment,” says CCPPP President and CEO Mark Romoff. “And Infrastructure Ontario’s AFP approach is recognized as the gold standard to build hospitals, highways, public transit, and courthouses. These are the kinds of assets that help ensure accessible, healthy and safe communities across the province.”
The Council notes Infrastructure Ontario has brought no fewer than five projects to market since January 1, 2017. A number of these support transit throughout the Greater Toronto and Hamilton Area, including the GO Regional Express Rail service, which will provide faster, more frequent and more convenient transit service across the region.
The province’s continued commitment to the AFP model ensures projects consistently outperform those procured in the traditional way in terms of coming in on-time and on budget and provide the best value for taxpayers in Ontario.
The Council is also encouraged to see the $130 million investment in 5G (fifth generation wireless technology). Expanding high speed telecom network capacity is going to be critical as we move into the era of the Smart City.
While we applaud this focus on the future of Ontario’s urban centres, the government continues its commitment to improve the social, economic and health outcomes for Indigenous peoples, particularly through its investment in needed community infrastructure.
View the CCPPP summary of infrastructure-related items in the budget