Brian Kelsall, Toronto-based partner at Fasken Martineau and head of its projects practice, says P3s may have originated in England but the Canadian market has developed into the world’s most sophisticated and successful one during the past 10 years.
“We’re really good at this,” he says. “The U.S. is way behind in P3s.”
Much of the success is due to the creation of government agencies, such as Partnerships B.C., Saskatchewan Builds and Infrastructure Ontario, which have mandates to essentially do nothing but P3 projects. Along the way, they have built models that can be easily duplicated.
Kelsall knows what he’s talking about. Fasken was recently named the North American Legal Advisor of the Year by industry news site P3 Bulletin. The same recognition went to Norton Rose last year.