 | |
| Company type | Crown Corporation |
|---|---|
| Industry | Public infrastructure |
| Founded | 2002; 23 years ago (2002) |
| Headquarters | , |
Area served | British Columbia |
Key people | Dana hayden(Chair) Marc Liedemann(President andCEO) |
| Website | www |
Partnerships BC isBritish Columbia'spublic-private partnership unit. It is aCrown Corporation, wholly owned by theGovernment of British Columbia. Created in 2002, it is governed by a board of directors reporting to its sole shareholder, the Minister of Finance. It is incorporated under the British Columbia Business Corporations Act. Its threefold mandate is to facilitate the development ofpublic-private partnerships infrastructure projects in BC, to advise the government on whether to use these partnerships and finally to evaluate theirvalue for money.[1]
Some examples of projects facilitated by Partnerships BC include theCanada Linerapid transit line, theAbbotsford Hospital and Cancer Centre and theSea-to-Sky Highway project.[2]
Partnership BC charges work fees to government departments, and its services are mandatory for public infrastructure projects in BC. Because it require P3s for its existence, does policy promotion and evaluation, and charge a user fee, Partnership BC has an incentive to recommend departments to use the P3 model. Additionally, Partnership BC operates more like a business than a government agency. As per example, they refer to other government agencies and ministries as its "clients".[3]
Partnership BC had a mini-scandal when it was revealed they were paying their executive staff well above the public sector's standard pay rate. The government justified this discrepancy by stating the high salaries were necessary for enticing professionals with financial experience to work for them.[3]
Public-private partnerships in Canada