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This article was first published in Fraser Forum, a Fraser Institute review of public policy in Canada, July/August 2013. It is copyright to the Fraser Institute and authors Charles Lammam and Hugh MacIntyre. The article is republished here with permission, January 2014.
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Introduction
It's easy to take public infrastructure for granted but recent events like the Skagit River Bridge collapse on I-5 in Washington State are a sharp reminder of how important infrastructure is to our daily lives and the wider economy. After all, roads and bridges allow us to get to and from work and move commercial products over great distances.
As governments here in Canada wrestle with the challenge of providing high-quality transportation infrastructure, they should increasingly consider public-private partnerships (P3s). The record shows P3s are more likely to be built on time and on budget and they offer greater value for money than conventional infrastructure projects.
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Editor's Note
