Getting the most value from public-private partnerships

To tackle Canada’s urgent priorities in infrastructure, housing, health care, Indigenous reconciliation and climate change, there’s a growing recognition that governments can’t work alone. Whether it’s to unlock capital, enlist expertise or ensure effective project management, sharing the responsibilities, risks and rewards with the private sector has become a significant way to accelerate large projects and service delivery.

”We need to be able to have data and say ‘yes, there are issues, but here’s where things are working,’” said Lisa Mitchell, president and CEO for the Canadian Council for Public-Private Partnerships. “We need to be more vocal as an industry that we are promoting important developments.” Cherie Brant, partner and national leader for the Indigenous law group at Borden Ladner Gervais, said public-private partnerships have particular value for helping Indigenous communities in providing access to capital and addressing infrastructure gaps.

“Developers need to weigh in and say, ‘yes, we will build affordable housing into our developments.’ The impact on their bottom line is miniscule and the social impact is massive.”In Indigenous communities, bringing people together around the campfire is the traditional way of building trust and understanding of what needs to be done, and that can be applied outside the Indigenous community, said Jeffrey Cyr, co-founder of Vancouver-based Raven Indigenous Capital Partners.

A focus on social impact is vital, said Dorthe Keis, architect, partner and business area manager of Copenhagen-based Arkitema Architects, which has been active in designing stations for Toronto’s planned Ontario Line subway. The company was involved in the master plan to redevelop one of Denmark’s most stigmatized and vulnerable social-housing districts.

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