Demography and social economy, 2012, 1(17):138-146
doi: https://doi.org/10.15407/dse2012.01.138

NEMOVA L.A.

Public-private partnerships in Canada: why Canada’s experience is valuable?
Section: Public-private partnership.
Language: Russian
Abstract: The article analyses the conceptual base, practical aspects and specifics of the use of public-private partnerships in Canada. In this country the PPP is defined as “a cooperative venture between the public and private sectors, built on the expertise of each partner, that best meets clearly defined public needs through the appropriate allocation of resources, risks and rewards”. PPPs in Canada span a wide spectrum of models that use expertise and capital of the private sector for building infrastructure and providing public services while retaining the ownership of an asset in public hands. In the case of full divestiture of assets the term “privatization” is applied, even if the regulatory control remains a public sector responsibility. The first wave of PPP activity in Canada (late 1980s and 1990s) is characterized by individual “pioneering” projects. Some significant infrastructure projects were implemented on the federal and regional levels. However, no coordinated programs were developed at that time. In the period between 2000 and 2005 the PPP activity in Canada started to ramp up in such sectors as roads, hospitals, water&wastewater systems. Special agencies, funds and coordinated programs appeared in most provinces. The PPP market development in Canada has entered the stage of maturity since 2007 with the crea- tion of the national organization – the Canadian Council for Public-Private Partnerships. This was followed by the establishment of a dedicated federal agency (PPP Canada) and a number of infrastructure funds. The federal government put forward the support of PPP activity as one of its economic policy priorities. The concluding part of the article analyses the dynamics and specifics of the PPP activity in the times of the global economic/financial turbulence. The author argues that analyzing Canadian experiences, both positive and negative, is of growing importance for the countries like Ukraine and Russia.
Key words: public-private partnership, semi-privatization, Canada.
References:
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7. Ibidem.
8. См. подробнее: Немова Л.А. Роль государства в экономике Канады// «США-Канада. Экономика, политика, культура». – 2005 – №3. – С. 16–32.
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11. Federation of Canadian Municipalities. Key Results from the 2010 Strategic Counsel Survey, http://www.fcm.ca
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13. Ibidem.

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