The latest P3 Market Update issued by the Ontario government and Infrastructure Ontario (IO) on September 24 shows two new projects added to the province’s pipeline, and updates progress on a number of others.

The list features 40 public-private partnership (P3) projects—up from the 37 that were highlighted in the spring market update document that was issued in June. The document includes 17 transit, highway and subway projects, 17 healthcare projects, five community safety projects, and one children’s treatment centre.

Fourteen of the projects on the fall list are currently in procurement. Another 26 are in the pre-transaction phase. A further 12 projects are currently in the planning phase, and are not included among the 40 listed.

The combined value of the projects exceeds $60 billion—the largest in the province’s history.

"The projects in this update, valued at more than $60 billion, show progress on many important priority infrastructure projects including subways, highways, health care and community safety projects," said Infrastructure Minister Laurie Scott. "These projects will contribute significantly to our government's made-in-Ontario plan for growth, renewal and long-term recovery."

The fall market update highlights two new correctional facility projects: the Quinte Detention Centre; and Brockville Correctional Complex and St. Lawrence Valley Correctional (SLVCTC) and Treatment Centre expansion (both of which will be built on the grounds of the current SLVCTC property).

The Quinte Detention Centre project is currently valued at less than $200 million, and the project RFQ is expected to be issued in the winter of 2022. The Brockville Jail/SLVCTC project is valued at between $200 million and $499 million, and its RFQ is expected to be issued in the summer of 2022.

In addition, the update moves the Prince Edward County Memorial Hospital redevelopment from the planning to pre-procurement stage. Further updates have been made to the delivery methods for the $10-billion GO Expansion: OnCorr project, and the GO Expansion: Lakeshore East–West Corridor project.

The document also updates the status of the Grandview Children’s Treatment Centre from pre-procurement to active procurement.

"IO's P3 model is constantly evolving and improving to respond to market conditions and industry feedback, to achieve the best possible bids from the market," said incoming IO president and CEO Michael Lindsay. "We continue to participate in productive dialogue with the industry as we move forward on this large portfolio of projects. These projects and the approaches we are taking with our partners represent a broader evolution of the diverse work IO is doing to support the government."