EXCERPT FROM THE JSFB. SUBSCRIBERS CAN READ THE FULL ARTICLE IN THE APRIL 2014 EDITION.

Today, our urban areas face enormous threats and costs including those associated with the quality, integration and performance of their civil infrastructure systems. Over time, as comprehensive business cases become more common, users will realize additional benefits as projects are regionally bundled and systems are managed on a basis of value for money, defining opportunities that deliver reasonable returns at reasonable risk as compared to other investment options. Infrastructure projects can provide long-term predicable returns, inflation protection, and positive social and environmental impact. With these factors rapidly emerging, the stage is set for the new sources of private impact capital to step up and fill a role formerly played exclusively by public funding sources.

Marty Janowitz is Vice President, Sustainable Development at Stantec.