Day One: Tuesday July 12th, 2016
8.30 Registration & refreshments
9.10 Chairperson’s opening remarks
9.20 Examining the Federal Government’s plan for infrastructure spending
- Is the P3 model still the Federal Government’s ideal project structure?
- How will dropping the screening process for large infrastructure projects affect the future of Canadian P3s?
- What balance of shovel-ready / greenfield projects will be focused on?
- How will the Canadian Infrastructure Bank function? And how will it benefit project sponsors?
9.50 Grantors panel: what’s in the pipeline in the provinces?
*C-Suite representatives from major provincial grantors and PPP agencies will discuss past successes and future opportunities via 10 minute presentations*
- An overview of recent projects & achievements
- Ongoing projects & the 2016 pipeline – was 2015 a high water mark?
- Current revenue & budgetary challenges
- The 5 year development plan
- Making it happen: Where can partners add value?
Followed by a panel discussion & audience Q&A
- Rupen Pandya, President & CEO, Saskbuilds
- Amanda Farrell, President & CEO, Partnerships BC
- Ehren Cory, President, Project Delivery, Infrastructure Ontario
- John McBride, CEO, PPP Canada
10.50 Morning refreshments & networking break
11.30 Grantors meet & greet: networking roundtables
- Meet and greet infrastructure project grantors; from federal, provincial and municipal bodies
- *The speakers come to your table, you swap business cards and they speak for 5 minutes. You then have 10 minutes to ask questions, before they move onto the next table and you meet the next speaker*
- Rupen Pandya, President and CEO, Saskbuilds
- Amanda Farrell, President & CEO, Partnerships BC
- Ehren Cory, President, Project Delivery, Infrastructure Ontario
- Mark Liedemann, Vice President, Projects, Partnerships BC
- John McBride, CEO, PPP Canada
- Kim Butler, Vice-President, Strategy & Organizational Development, PPP Canada
- Byron Werry, Executive Director, Legal Services, City of Regina
12.45 Lunch & networking break
2.15 Infrastructure and the capital markets: Can bank debt challenge bonds as the dominant tool in the long term financing of projects?
- What are the terms and tenor attached to the long term loans currently on offer?
- How can they provide a creditable alternative to bonds?
- How do milestone and completion payments benefit project sponsors? And what are their drawbacks?
- What new and innovative financing tools are the capital markets providing?
- Ricardo Bosch, North American Business Development Director, Cintra US
3.00 Financing projects internationally: What services are available to sponsors?
- What role can multilaterals and ECAs play in projects in the pipeline – the Gordy Howe Bridge, for example?
- What role can these organizations play in purely domestic Canadian infrastructure projects?
- How can foreign development banks open up opportunities for Canadian participation in infrastructure projects abroad?
- Mark Romoff, President and CEO, The Canadian Council for Public-Private Partnerships
3.45 Afternoon refreshments & networking break
4.15 Procuring and structuring infrastructure projects at a municipal level: Benefits and challenges
- How easily can P3 models utilized by provincial bodies be transferred to municipal projects?
- Tapping into province-level knowhow and experience: How has it been done up until now?
- What are the difficulties encountered in municipal project procurement? How could they be alleviated?
- Omer Malik, Vice President Project Financing – Infrastructure, Stonebridge
- Byron Werry, Executive Director, Legal Services, City of Regina
- Ehren Cory, President, Project Delivery, Infrastructure Ontario
- Senior Representative, BLG - moderating
5.00 Structuring the flux of Canadian transport projects
- How has the classic P3 model been adapted to fit transport infrastructure projects? And what room is there for further adaptation?
- How do multiple private equity players work together to benefit a project?
- What difficulties are encountered when dealing with multiple private equity players? How could they be alleviated?
- An assessment of the transport project pipeline in the short and medium term
- Ruth McMorrow, Executive Vice President, Parsons
- Leslie Woo, Chief Planning Officer, Metrolinx – tentative
5.45 Chairperson’s closing remarks and drinks reception
Day 2: Wednesday July 13th, 2016
9.00 Examining the public/private balance in Canadian projects
Presentation: How project grantors determine their ideal ratio
- Mark Liedemann, Vice President, Projects, Partnerships BC, explains the rationale used when determining a P3 project’s ideal public/private make-up
Panel discussion: What is the ideal balance of public and private ownership?
- What impact do smaller equity tickets have on involvement from large private equity investors?
- Assessing the impact of milestone and completion payments on attracting private equity to projects
- How does a low level of private ownership affect a project?
- Alan Linsley, Senior Vice President, Plenary Group
- Mark Liedemann, Vice President, Projects, Partnerships BC
10:00 Unlocking Canada’s institutional investor demand for infrastructure bonds
- What impact has economic volatility had on the attractiveness of this asset class?
- How can project bonds be made more attractive to investors?
- Assessing the depth of the Canadian market and opportunities for improvement
- Understanding illiquidity, credit premiums and other factors that impact pricing of infrastructure debt
- Exploring the public vs. private distribution debate
- How is the changing investment landscape affecting bond arrangers?
- Bruce Anderson, Managing Director, Project Finance & Infrastructure, Manulife
- Gaurav Mittal, Vice President - Private Debt Investments, Canada Life
10:45 Morning refreshments & networking break
11:15 Exploring the rise of Canadian rapid transit
Case study presentation: Eglinton Light Rail
- How did province and municipality interact in the project’s procurement? Is this transferrable to other projects?
- How was the debt/equity ratio for the financing of the project determined?
- Analyzing investor demand for the two bond tranches
- Leslie Woo, Chief Planning Officer, Metrolinx - tentative
Panel discussion
- Comparing and contrasting the LRT procurement experiences of large and small municipalities
- What environmental and civic risks arise in LRT projects? How are they being overcome?
- How is the standardization of LRT financings aiding project sponsors?
- Paul Hughes, Senior Director. Infrastructure and Contract Solutions, Altus Group
- Leslie Woo, Chief Planning Officer, Metrolinx - tentative
12:15 Analyzing the opportunities provided by infrastructure refinancing
- What refinancing tools are on offer to sponsors of Canadian infrastructure projects?
- How does the refinancing of infrastructure projects benefit project owners?
- How can refinancing allow Canadian project sponsors to tap the country’s institutional investors?
- Christophe Petit, President and Managing Partner, Star America Infrastructure Partners
- Lal Wanniappa, Senior Director, Hochtief PPP Solutions North America
1.00 Closing remarks followed by lunch & close of the conference