In the world of revenue risk concession projects, Canada remains an anomaly. Large Canadian pension funds regularly invest in bridges, highways, commuter and passenger rail, transit, and telecommunications across Europe, Latin America, Asia and Australia, but there remains a dearth of opportunities to do so at home. Over the past 30 years, design, build, finance, operate and maintain (DBFOM) public infrastructure projects (P3s) in Canada have mostly been availability payment that place the project’s revenue risk on the public sector partner. In revenue risk concession projects, the revenue risk is on the private sector partner. Has the time come for Canada to embrace more revenue risk concession projects? What is the appetite in the market, what assets should be considered and what needs to change to make this happen?

Moderator:

• Jana Mansour, Partner, Dentons 

Panel:

• Maxine Ethier, Managing Director, Legal, Canada Pension Plan Investment Board 
• Borja Franco, Head of Business Development for North America, ACCIONA Concessions 
• Lisa Raitt, Vice-Chair of Global Investment Banking, CIBC

Read up on the expertise of our speakers