Characteristics and Reference Value of Canadian PPP Model
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Abstract
This paper focuses on the study of the PPP model in Canada, and through the study of Canada, the characteristics of its PPP model and the reference value for the development of PPP models in other countries are obtained. This paper reviewed 20 literatures at home and abroad, based on the relevant theories of PPP model, sorted out the development process of the Canadian PPP model, learned the experience and lessons in the development process of the Canadian PPP model, and summarized the two developments of the Canadian PPP model in the past 30 years. The PPP model in the first wave from 1991 to 2003 is a typical "hybrid", which is in the difficult stage of turning theory into practice. The second wave is from 2004 to the present, the provincial government of Canada as the main pioneer of PPP, PPP model has developed into a continuous institutionalization, providing large-scale infrastructure construction and services of the conventional model, creating a more dynamic PPP market.
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