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ARTICLE · 04 APRIL 2006

Public-Private Partnerships

Blake, Cassels & Graydon LLP
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British Columbia is rapidly emerging as a leader in the Canadian public-private partnership (P3) market. The provincial government has established an independent agency, Partnerships BC, with a mandate to develop a wide variety of new public facilities using the public-private partnership model.

CanadaReal Estate and Construction
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Article by Jeff Merrick, ©2006 Blake, Cassels & Graydon LLP

This article was originally published in Blakes Bulletin on Real Estate, March 2006

British Columbia is rapidly emerging as a leader in the Canadian public-private partnership (P3) market. The provincial government has established an independent agency, Partnerships BC, with a mandate to develop a wide variety of new public facilities using the public-private partnership model.

With recent successes such as the Sea to Sky Highway Improvement Project and the Richmond-Airport-Vancouver Rapid Transit Project – both of which will serve significant roles during the 2010 Winter Olympic Games and beyond, especially in light of B.C.’s rapid population growth – the British Columbia P3 market is proving that such partnerships can add significant value to the efficient delivery of necessary infrastructure projects.

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