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To Fix Transit, Ontario Should Look to the Private Sector

The results of the recent municipal election have produced a strong mandate for renewed investment in transit and transportation. In an era of fiscal constraint, how does the Ontario government get the biggest bang for its buck out of this fund? The answer is right under its nose: trust in the made-in-Ontario Alternative Financing and Procurement (AFP) model. The government uses the AFP model as a means to leverage capital and expertise from the private sector to design, build, finance, and maintain major infrastructure projects. In doing so, the model transfers the risk of project cost increases and scheduling delays on to the private sector.