Communities need sustainable infrastructure that offers solutions that can keep up with contemporary climate challenges, according to an article on the Knowledge@Wharton website.
Cities are increasingly turning to private-sector partners for the long-term investment and operational expertise these new solutions demand. Canada offers a model of how productive public-private partnership can be, especially for these fundamental infrastructure projects.
During the past 30 years, more than 200 of these partnerships have provided an average of $14 billion per year of economic activity in the country, according to a study by The Canadian Centre for Economic Analysis. Half of these infrastructure projects involve healthcare facilities.
Centre hospitalier de l’Universite de Montreal (CHUM), a medical complex under construction in downtown Montréal, is one of the biggest and one of the most environmentally innovative of these projects.
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