Building Canada's Infrastructure

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A SPECIAL INTEREST SECTION BY MEDIAPLANET

A SPECIAL INTEREST SECTION BY MEDIAPLANET Read more at innovatingcanada.ca

BUILDING CANADA'S INFRASTRUCTURE

Rising to the Challenge: Canada Has the Will and Talent to Build More Resilient, Innovative Infrastructure

I Andrew Koolsbergen Vice President, Strategy & Stakeholder Engagement, The Canadian Council for Public-Private Partnerships

Andrew Koolsbergen

nvesting in well-designed, constructed, and maintained infrastructure that meets the needs of today — and is resilient enough to meet the challenges of tomorrow — has never been of greater importance. The events of the past 18 months, from the devastation of the pandemic to the extreme heat, wildfires, and flooding caused by climate change, have amply demonstrated that waiting to repair, upgrade, or build new infrastructure is a recipe for disaster, causing greater economic and social hardships for governments and citizens alike over the long term. Investing in infrastructure is also a proven way to quickly jumpstart economic activity and to enable greater opportunities for job and economic growth in the future to ensure our communities thrive. Across Canada, governments at all levels have responded to this crisis with commitments to invest tens of billions of dollars in critical infrastructure projects, from new hospitals and long-term care homes, to transformative urban transit, innovative energy, and high-speed internet access for Canadians in communities large and small. But beyond helping governments achieve

their ambitious goals to get shovels in the of public funds. Research has also shown ground quickly, we also need to examine how that, when used for the appropriate projects, we can better harness cutting-edge technology, they're less likely to suffer cost and schedule embed inclusiveness and diversity, and think overruns because of increased accountability sustainably in our projects. and oversight. A big part of this is considering how Approaching infrastructure with a mindto stretch taxpayer dollars further given set open to innovation, like in a P3 project, mounting government deficits and a lack can also lead to amazing results that beneof public appetite for increased taxes, and fit the public. This includes such things as how to install more rigour in understanding, innovative financing, using drones and planning, and budgeting robotics, different buildfor life cycle maintenance ing materials, and greener of our infrastructure so it technology. Already as a can reliably function for result of the pandemic, Investing in decades to come. infrastructure experts infrastructure is also The public-private partare looking at how to intea proven way to quickly nership (P3) approach is grate new solutions and jumpstart economic particularly well-positioned flexibility into building to rise to the challenge. A hospitals, for example, to activity and to enable significant portion of the make the Canadian health greater opportunities for infrastructure built in care system more resilient job and economic growth Canada over the past 30 and adaptable in future in the future to ensure years has been through pandemics. The investour communities thrive. the country’s globally-recments — and innovations ognized P3 model. These — we make now will have partnerships, which most often involve longa profound impact on enabling the future of term private investment, fuel government Canadian communities from coast to coast procurement efficiency, enabling better use to coast to thrive and prosper.

This article was sponsored by The Canadian Council for Public-Private Partnerships (CCPPP). The CCPPP will hold its annual conference virtually from November 16 to 18. For program, speakers and registration information, visit p3-2021.ca.

Project Manager: Greg Blackmore Business Development Manager: Julia Colavecchia Strategic Account Manager: Anna Sibiga Country Manager: Nina Theodorlis Content and Production Manager: Raymond Fan Designer: Lauren Livingston Web Editor: Karthik Talwar All images are from Getty Images unless otherwise credited. This section was created by Mediaplanet and did not involve National Post or its editorial departments. Send all inquiries to ca.editorial@mediaplanet.com.

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