Alberta’s Ministry of Transportation said on Wednesday that the environmental impact assessment (EIA) required for the Springbank off-stream reservoir – part of the province’s overall flood mitigation strategy – is now underway. The EIA – which examines a variety of…
Public-private partnership (P3) agreements are emerging as the design, build, fund and operate model of choice in Canada. But while the model offers an opportunity to share risks and realize rewards, it demands careful consideration of potential exposures, including environmental risk, which are best addressed by tailored cover.