Public-private partnerships are gaining an extra boost in the United States as cash-strapped states increasingly grapple with how to address critical public-works infrastructure needs amid dwindling public funds. And the U.S. could learn a thing or two about P3 deals from its northern neighbor.
That's the consensus of construction professionals with mature experience in P3 delivery systems who gathered at a recent related conference in Washington, D.C. Canada is widely seen as a decade ahead of the U.S. in P3 delivery of major highway and public-works projects.