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- W639679082 abstract "Public-private partnerships will come to be a key source of activity for many Canadian firms in a variety of industries. Through public-private arrangements, the burden on government is eased. Operational and financing responsibilities, as well as commercial and investment risk, are placed on the shoulders of the private sector. The public gains from increased efficiency offered to them because of more avenues for financing and increased competition. The World Bank has been following trends in private participation in infrastructure since 1990. Their data reveal that there are still only a few major players who are seizing these opportunities. The majority of these companies, none of them with headquarters in Canada, are involved in concession, lease, or management contracts. Canada is being outpaced by countries who recognize the advantages of private participation in infrastructure, either through foresight or necessity. The exception has been in the telecommunications and pipeline sectors, in which a strong domestic market has allowed some Canadian-based companies to do a good job of penetrating the international market. This article maintains that governments should provide stable, fiscally responsible national management by reducing their costs using the most effective approach to render services, and should reduce tax burdens in doing so, providing Canadian companies with a fair base from which to secure a fair share of the domestic market and to be a player on the international scene." @default.
- W639679082 created "2016-06-24" @default.
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- W639679082 date "2000-01-01" @default.
- W639679082 modified "2023-09-24" @default.
- W639679082 title "PUBLIC-PRIVATE PARTNERSHIPS: A NEW GLOBAL REALITY. IS CANADA SEIZING THE OPPORTUNITIES?" @default.
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