Organization Profile - PPP Canada Inc.

PPP Canada Inc.

The information presented on the following pages is for reference purposes only and should not be considered or relied on as an authoritative or exhaustive source of all Governor in Council appointments or positions.


Minister Responsible

Minister of Infrastructure and Communities

Mandate

PPP Canada Inc. is the federal government’s public-private partnerships (P3) office. As a Crown corporation, PPP Canada Inc. will work with the public and the private sectors towards encouraging the further development of Canada’s P3 market.

PPP Canada Inc. will manage and invest the Government of Canada’s $1.25 billion Public-Private Partnerships Fund (P3 Fund), a unique infrastructure program designed to invest in P3s using a range of innovative financing arrangements, will advise the Government of Canada on the execution of P3 projects, and will assess P3 options for major projects seeking funding from federal infrastructure programs.

Head Office

Ottawa, Ontario

Appointment Provisions

Financial Administration Act

There shall be a Board of Directors consisting of a maximum of 9 directors, including the Chairperson and the Chief Executive Officer.

Each director, other than an officer-director, shall be appointed by the Minister, with the approval of the Governor in Council, to hold office during pleasure for a term not exceeding four years that will ensure, as far as possible, the expiration in any one year of the terms of office of not more than one half of the directors of the corporation.

No officer or employee of a Crown corporation or any of its affiliates, other than the chief executive officer of a parent Crown corporation, shall be a director of the parent Crown corporation.

A director is eligible for reappointment on the expiration of his term of office.

If a director is not appointed to take office on the expiration of the term of an incumbent director, other than an officer-director, the incumbent director continues in office until a successor is appointed.

The Chairperson and the Chief Executive officer shall be appointed by the Governor in Council to hold office during pleasure for such term as the Governor in Council considers appropriate.

Consultation

The Financial Administration Act requires that before an officer-director of a parent Crown corporation is appointed, the Minister shall consult the board of directors of the corporation with respect to the appointment.

Quorum

A quorum of directors shall be a majority or, such greater or lesser number as the directors or shareholders may from time to time determine.

Remuneration

Chairperson

  • Fixed by GiC: Position;
    per diem ($360 - $420)
  • Position; annual ($9,200 - $10,800)

Directors

  • Fixed by GiC: Position;
    per diem ($360 - $420)
  • Position; annual ($4,600 - $5,400)

Auditor

  • Fixed by Organization or Nil if Auditor General

Joint Auditor

  • Fixed by Organization or Nil if Auditor General

Appointments

Appt/Expiry
Date
Position
Level
Chief Executive Officer
McBride, John
Ottawa, Ontario
Full-Time Appointment
During Pleasure
2009-02-16
2019-02-15
Chairperson
1 Vacant Position
Directors
Armstrong, Peter R.B.
Vancouver, British Columbia
During Pleasure
2009-05-28
2018-02-04
Beck, John Michael
Toronto, Ontario
During Pleasure
2015-05-28
2018-05-27
McMackin, Arthur William
Rothesay, New Brunswick
During Pleasure
2009-06-19
2018-02-04
O'Brien, Sheila
Calgary, Alberta
During Pleasure
2014-10-09
2017-10-08
Pennycook, Carol D.
Toronto, Ontario
During Pleasure
2009-05-14
2018-02-04
1 Vacant Position
Total vacancies: 2