Canada: Nova Scotia Thinks P3

The province of Nova Scotia is in the early stages of what could be a Cdn $2-billion highway upgrade project to be delivered as a tolled P3. Public meetings on the project are coming this spring. There is significant political resistance to tolling, but given its financial situation, the province wants an income stream.

The Transportation and Infrastructure Renewal Department is due to receive an engineering and financial assessment in April that will determine factors ranging from the best toll rates to alignment of new sections to advice on toll technology. The study assumes a DBOFM model, but there has been no decision on who will take the revenue risk.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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