Page 9 - Canadian Industry Online

design and construction work is - nanced and carried out by the private sector. Only after a project is completed will the private sector company be re- paid by the province. In some cases, the private sector will also be responsible for the maintenance of a physical build- ing or operation and rehabilitation of a roadway.” This method of completing projects is both ef cient and cost effec- tive.CIO spoke with John McKend- rick, Executive Vice President, Project Delivery (Social), to discuss the prov- ince’s investment into infrastructure, the success of the AFP model and fu- ture possibilities for local contractors. With substantial investments going into healthcare especially, the future is“The solution was a made-in-Ontario P3 model called Alternative Financing and Procurement (AFP).”October, 2016 | Canadian Industry Online | 9