To fund redevelopment projects, the provinces are turning to partnerships with the private sector. For example, plans for construction of the McGill University Health Care Centre (MUHC) may not be completed without funding from private investors, an option that the Quebec government is open to. The Quebec Ministry of Health and Social Services plans to prepare a business case with the MUHC on the potential of a public-private partnership.
Director General and CEO, Dr. Arthur T. Porter is quoted in the July/August issue of ReNew Canada magazine: “The government’s announcement gives us the tools to take advantage of private capital and expertise in a way that respects our collective agreements and enhances our capacity to provide outstanding care for our patients.” Porter said he was reassured by health and Social Services Minister Phillippe Couillard’s assurance that the MUHC will maintain control of the project at all times.
Toronto Architect Ain Allas told ReNew Canada that public-private partnerships “are a way of splitting the cost load over a longer period of time and reducing some of the perceived risks that governments were bearing.”
The Ontario government has committed to over $5 billion in healthcare projects, including 105 hospital projects, by 2010. Many will use the alternative financing and procurement (AFP) model which allows the government to finance and implement large infrastructure projects better and sooner.