There is a significant infrastructure-deficit across Canada. From new ones desperately needed by municipalities to existing ones that require renewal. They include water and wastewater treatment facilities, schools, hospitals, recreational centres, roads, highways and the list goes on.
Report after report state the dangers of lacking infrastructure in communities and the tremendous cost to build. All levels of government have made (and will continue to make) significant infrastructure investments (examples: here, here, here) totalling billions of dollars yet the deficit persists. Perhaps there needs to be a different approach. The Van Horne Institute (VHI) may have an answer.
A recently published VHI report shows the potential for Infrastructure Banks or “iBanks” to address the infrastructure deficit. iBanks are corporate entities that raise capital from public, private or mixed public-private sources and then invest that capital in many types of infrastructure projects . iBanks would be arms-length Crown Corporation managed by a board of experts similar to those that manage P3Canada.
Peter Wallis, CEO and President of the Van Horne Institute, describes Infrastructure Banks (iBanks):
Building a prosperous Calgary Region starts from pivotal work done by the Calgary Regional Partnership’s (CRP) steering committees. They are made up of elected officials from all member municipalities and meet every other month. These committees, along with their staff committee counterparts, form strategies and implement plans that have significant impact to the Region. They just had their inaugural meetings since the municipal elections in October 2013. These meetings had many new faces and brimmed with anticipation of future work. (Also check out our governance page to see how the steering committees are integral to CRP)
Here’s an update:
The Netherlands Trade Delegation and The Calgary Regional Partnership share ideas on regional and international transportation.
The Calgary Regional Partnership (CRP) joined The Van Horne Institute and Calgary Economic Development in welcoming members from the Netherlands Trade Office for a round table discussion last week. The focus was to develop the transportation & logistics sector that will contribute to the Calgary Region’s economic growth. Colleen Shepherd, Executive Director of the CRP, spoke about what the Region there to gain and learn from the Netherlands Metropolitan Region.
Representatives from the Calgary Region recently attended the 2014 Cargo Logistics Conference in Vancouver, B.C. The Van Horne Institute, Calgary Economic Development and the Calgary Regional Partnership (CRP) partnered together for a booth at the exhibition portion of the Conference. The attendance was part of a regional marketing effort to attract businesses and organizations related to global supply chain and transportation & logistics to the Calgary Region.
Mayor Bill Robertson, Councillor Gian-Carlo Carra, Mayor Rick Everett and Mayor Ivan Brooker share a laugh at the CRP Board retreat.
Collaboration, regional growth and water in the Calgary Region were the themes at the 2014 budget and strategy retreat for the CRP’s Board of Directors in the Kananaskis last week.
New and returning Board members used the retreat as an opportunity to discuss the steps to building a successful region as described by the new Chair of the Calgary Regional Partnership, Barry Williamson:
On behalf of the Calgary Regional Partnership,
We wish the Calgary Region the Best of the Season and a healthy New Year. As we launch a new Board, a new executive structure and a new term we look forward to moving the Calgary Regional Partnership in the direction that meets our shared interests and benefits the Region as a whole.
Councillor Barry Williamson
Town of Turner Valley
Chair of the Calgary Regional Partnership
The Canadian Urban Transit Association (CUTA) held a Fall Conference and Trans-Expo in Calgary from November 23-27, 2013 with the theme on customer service. Trans-Expo 2013 showcased 22 buses with over 120 exhibit booths. Mayor Naheed Nenshi officially opened the conference and was presented with an award from CUTA recognizing his efforts during this past summer’s damaging floods.
The Calgary Regional Partnership (CRP) had a presence at the event, marketing the new regional transit brand and the progress made within the Regional Transportation and Complete Mobility Program area. Check out the official program for more information about the conference and the Trans-Expo.