ARTICLE · 11 DECEMBER 2013

Infrastructure For Jobs And Prosperity Act: Pppaving The Way For More PPP Transactions

Heenan Blaikie LLP

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The Government of Ontario recently introduced Bill 141, An Act to enact the Infrastructure for Jobs and Prosperity Act, 2013 which, if passed, would create substantial opportunities for public-private partnership transactions in the province.

CanadaGovernment, Public Sector

The Government of Ontario recently introduced Bill 141, An Act to enact the Infrastructure for Jobs and Prosperity Act, 2013 (2nd Sess., 40th Leg., Ontario, 2013) (the "Act") which, if passed, would create substantial opportunities for public-private partnership ("PPP") transactions in the province. Introduced on November 26, 2013, the Act would require Ontario to regularly table a long-term infrastructure plan in the legislature covering a period of at least 10 years. As stated by Infrastructure Minister Glen Murray, the Act focuses "on better evidence planning — not to just understand the cost of things but to actually understand what the return on investment [would be]." The first plan is to be tabled within three years of the legislation coming into force and subsequent plans are to be tabled every five years. As Christopher Hume of the Toronto Star points out, public institutions must commit to long-term planning in order to break free of the downward spiral of

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