Top 100 Projects White Paper Now Available |
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“With the destruction of Toronto’s Transit City plan, a strange new phenomenon has developed around transit policy in Canada. Calgary, previously associated with big oil and big cars, is quickly outpacing Toronto when it comes to transit policy.” – Page 21, Top 100 Projects white paper ReNew Canada’s report, Top 100: Canada’s Biggest Infrastructure Projects, released in January 2011, listed multiple transit projects funded through Toronto’s Transit City plan. Now that the plan has been scrapped, the entire $8-billion the Province of Ontario allocated to its projects will go toward putting the Eglinton light-rail-transit (LRT) line partially underground. The change takes the LRT Project from number four on the 2011 Top 100 (at $4.6 billion) to number one—a single LRT line has eclipsed a 2000-megawatt hydro complex (Hydro-Québec’s $6.5-billion Romaine A Project) to become biggest project in Canada. Which other projects on the 2011 Top 100 have gone up in cost and why? Who is financing these projects? Which government funds are contributing to the country’s Top 100 projects? To answer these questions, ReNew Canada compiled a white paper with further details about the Top 100 projects in Canada. The paper focuses on financing details and political roadblocks for each project, as well as policy, funding allocation, and contracts and agreements. It includes visual breakdowns of sector trends and a comprehensive list of government, business, not-for-profit, and non-governmental organisation sources. Quick Facts: The Top 100 Projects represent almost 300,000 direct and indirect jobs. The Federal Infrastructure Stimulus Fund contributed most (42 per cent) to public transit projects on the Top 100, followed closely by highway, road, and bridge construction (31 per cent). Provincial governments contributed 62 per cent of the funding for the 19 transit projects on the Top 100. Public-private partnerships (P3s) were used in 59 per cent of the 20 health care projects on the Top 100—in Ontario, the value of health care P3s on the Top 100 is $3.45 billion. Provincial governments only provided two per cent of the funding for energy projects on the Top 100—utilities provided 80 per cent. Order here or, for details, contact Douglas McCallum 416 444 5842 ext. 118
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