Nova Scotia's Highway 104 Toll Road Paves the Way for Future Infrastructure Financing.
A new toll road in Nova Scotia, Highway 104, is changing how public projects are funded in Canada. It's the first partnership where risks and rewards are shared between the government, the contractor, and lenders. This paper talks about why these partnerships are becoming more popular, their benefits, and what makes them successful. It also explains how private financing can help solve infrastructure problems, using Highway 104 as an example.