PPP Canada to add staff

The Crown corporation in charge of the billion-dollar P3 Canada Fund has appointed an investment head. The organisation is also looking at further hires.

PPP Canada has made a significant executive appointment, elevating Michael Mills to vice president in charge of investing, the Crown corporation and proprietor to the P3 Canada Fund revealed.

The promotion of Mills, a trained economist, from investment director to vice president, underscored a personnel reshuffling within PPP Canada, as Carol Beaulieu was named acting vice president of investing to vice president of business development.

Beaulieu worked for Infrastructure Quebec prior to joining PPP Canada.

Mills and Beaulieu now rank fourth and fifth in the PPP Canada pecking order, with chief executive John McBride leading the organisation, followed by chief financial officer Greg Smith and corporate secretary Carole Paquette.

Meanwhile, PPP Canada is also looking to hire junior and senior staff, including a replacement for erstwhile investment director Millis.

The corporation is planning to add three business development staff as well as a business development principal, and is now interviewing, PPP Canada said. The organisation is expecting to fill each position by autumn.

Established in 2009, PPP Canada is a federal government agency created to help finance infrastructure development via its billion-dollar P3 Canada Fund.