Alberta Transportation has announced the cancellation of the public-private partnership (PPP) procurement process for the upgrade and rehabilitation of the Deerfoot Trail project in Alberta, Canada.
The authority is now considering procuring the project works via engaging improvements in smaller parts, as it concluded that procuring the project of PPP concession is not economically viable in current conditions due to price volatility and high inflation.
Country updates
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July 18, 2022
AltaGas acquired 25.97% stakes in Petrogas
AltaGas Ltd has announced that it has completed the acquisition of 25.97% stakes in Petrogas Energy Corp from Idemitsu Canada Corporation. AltaGas now owns 100% of Petrogas. The total value...
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July 06, 2022
Proposals submitted for multibillion Rolling stock PPP project in Canada
Infrastructure Ontario has closed the Request for Proposals stage for the Ontario Line South project and Rolling Stock, Systems, Operations and Maintenance (RSSOM) project in Canada.
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June 29, 2022
One bidder out of the Halifax Infirmary Expansion project
EllisDon has announced its withdrawal from the bidding process of the US$2 billion Halifax Infirmary Expansion project in Canada. EllisDon was one of the two companies prequalified for the Halif...
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June 24, 2022
Brookfield Global Transition Fund reaches final close
Brookfield announced that it has reached the final institutional close for the Brookfield Global Transition Fund (BGTF) with total capital raised of US$15 billion. The fund is de...
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June 24, 2022
Brookfield Global Transition Fund reaches final close
Brookfield announced that it has reached the final institutional close for the Brookfield Global Transition Fund (BGTF) with total capital raised of US$15 billion. The BGTF is de...
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