public opinion of metro vancouver infrastructure projects and funding · 2020. 11. 18. · metro...

Public Opinion of Metro Vancouver Infrastructure Projects and Funding

August 2020

4.1

Finance and Intergovernment Committee

Introduction

2

Key Objectives

To understand public opinions about Metro Vancouver services and infrastructure;

Measure the level of support for infrastructure spending as a way to stimulate the

economy and help the region recover from COVID-19.

Methodology

1,500 interviews completed on-line;

300 interviews completed in each of five Metro Vancouver regions;

Field dates: July 26th to August 8th, 2020;

Sample weighted by age, gender and region to match Statistics Canada data.


Level of Concern about Specific Issues

72%

60%

57%

48%

44%

40%

38%

40%

37%

39%

38%

22%

24%

34%

38%

40%

46%

46%

51%

47%

51%

43%

44%

46%

5

6

5

12%

11%

14%

11%

13%

12%

18%

18%

31%

Public health/ COVID-19 pandemic

Housing affordability

Jobs/ economic recovery

Environment/ climate change

Poverty and homelessness

Provincial/ federal taxes

Crime and safety

Transportation/ ease of getting around

Accommodating population growth

Property taxes

Racial discrimination

Indigenous reconciliation

8 - 10 4 - 7 1 - 3

Average

8.2

7.7

7.6

6.9

6.9

6.6

6.6

6.6

6.5

6.3

6.3

5.1

Scale: 1 = Not at all concerned, 10 = Extremely concerned 3Finance and Intergovernment Committee

Priorities for Government Spending in Recovery Plans

69%

53%

44%

38%

34%

34%

34%

26%

26%

25%

18%

16%

26%

34%

40%

47%

46%

39%

47%

50%

48%

46%

48%

34%

4

13%

13%

13%

19%

24%

17%

21%

23%

27%

32%

49%

1

1

2

2

1

4

2

2

2

2

1

2

Health care

Affordable housing

Child care and care for vulnerable people

Construction of critical infrastructure such as…

Public transit

Investments that support the transition to renewable…

Additional/ongoing income supports for people who…

Financial support to businesses in hard hit sectors such…

Environmental remediation projects that restore…

Construction of roads and bridges

Parks and outdoor recreation facilities

Active transportation such as cycling and walking paths

High Medium Low Don't know 4Finance and Intergovernment Committee

Metro Vancouver Services Important to Quality of Life

87%

64%

54%

50%

43%

41%

37%

10%

30%

37%

42%

46%

39%

47%

2

6

9%

7

11%

19%

13%

1

1

1

1

1

4

Clean drinking water

Protecting air quality

Sewage treatment that minimizes…

Garbage disposal and recycling

Parks and green spaces

Construction of affordable housing

Regional planning

Very important

Somewhat important

Not very/ not at all important

5Finance and Intergovernment Committee

Importance of Metro Vancouver Projects to Region

89%

66%

61%

55%

52%

49%

10%

31%

32%

40%

44%

43%

1

3

7%

5

4

8%

Delivery of clean drinking water

Enhanced wastewater or sewage treatment toa standard that minimizes environmental…

Partner with other levels of government toprovide ongoing development of affordable…

District energy systems to convert waste toenergy to reduce GHG emissions

Expansion of park space to protect sensitiveecosystems and provide recreational, health…

Encourage and plan for active transportationmodes (e.g. walkable communities) to…

8 - 10 4 - 7 1 - 3

Average

9.2

8.0

7.6

7.5

7.4

7.1

Scale: 1 = Not at all important, 10 = Extremely important


Provide Direct Support or Invest in Infrastructure

7

29%

29%

24%

30%

28%

35%

60%

58%

63%

63%

64%

54%

11%

13%

13%

8%

8%

11%

Total (n=1,500)

Central (n=300)

North East (n=300)

North West (n=300)

South East (n=300)

South West (n=300)

Provide direct support to individuals financially impacted by COVIDInvest in infrastructure and other projects to create jobsNo opinion

Region


Agree/Disagree Senior Gov’t Should Provide More Funding

37%

34%

35%

38%

42%

33%

48%

46%

49%

50%

49%

52%

7

9%

6

5

6

6

1

2

1

1

7

9%

9%

7

3

7

Total (n=1,500)

Central (n=300)

North East (n=300)

North West (n=300)

South East (n=300)

South West (n=300)

Strongly agree Somewhat agree

Somewhat disagree Strongly disagree

TotalAgree

85%

81%

84%

88%

91%

86%

Region


Agree/Disagree Senior Gov’t Should Provide Funding for Mandated Projects

41%

39%

37%

41%

45%

41%

43%

41%

44%

46%

43%

44%

5

7

5

4

4

4

1

1

2

14%

1

1

10%

11%

13%

8%

8%

10%

Total (n=1,500)

Central (n=300)

North East (n=300)

North West (n=300)

South East (n=300)

South West (n=300)



TotalAgree

84%

81%

81%

87%

88%

85%

Region


Agree/Disagree Infrastructure Investment Effective Way to Stimulate Economy

32%

29%

28%

32%

41%

28%

49%

48%

53%

55%

44%

53%

8%

10%

7

7

6

8%

2

2

2

1

1

2

9%

11%

10%

5

8%

9%

Total (n=1,500)

Central (n=300)

North East (n=300)

North West (n=300)

South East (n=300)

South West (n=300)



TotalAgree

81%

78%

82%

87%

85%

81%

Region


Most Compelling Messages

Three most compelling messages refer to:

the need to replace or upgrade infrastructure to avoid negative environmental impacts;

the positive impacts on the local economy and job creation;

the need for new infrastructure to keep up with population growth.


Summary

Strong support for infrastructure spending, and for senior levels of government to assist with funding for regional projects.

Infrastructure investment seen as way to help the region recover from the economic impacts of COVID, particularly if they are benefiting low income, unemployed and/or vulnerable populations.

Infrastructure Investments seen as providing environmental and health benefits, and contributing to quality of life in the region.


The Metro Vancouver – Fraser Basin Council Partnership

Delegation to the Metro Vancouver Finance and Intergovernment Committee

November 18, 2020David Marshall & Bob Purdy, Fraser Basin Council

4.2


Presentation Overview

FBC Overview

Our Work on Shared Priorities

Conclusion


FBC At A Glance

Well-established charitable non-profit organization

Primary role is to facilitate broad-based collaboration on a wide range of sustainability issues and opportunities

Active across BC with staff located in: Vancouver (headquarters) Abbotsford Kamloops Williams Lake Prince George Vernon

A highly productive working partnership has been in place with Metro Vancouver since 1997


Some of Our Key Staff

Jim Vanderwal, Director, Climate Change Programs

Steve Litke, Director, Water Programs

Eliana Chia, Manager, Climate & Energy Resilience

Theresa Fresco, Regional Manager, Greater VancouverSea to Sky

Denise Palmer-Hoskins, Manager, Communications

Frances Woo, Program Manager, Flood Strategies


Our Strategic Priorities

Taking Action on Climate Change & Air Quality

Supporting Healthy Watersheds & Water Resources

Building Sustainable, Resilient Regions and Communities


Our Work on Shared Priorities


Plug in BC Community Outreach

Incentive Program Specialty Use Vehicle

Program EV Advisory ServicesWest Coast Electric

Fleets

Climate Mitigation


Other Climate Action Efforts

Climate mitigation and adaptation support, tools & information

Adaptation Canada 2020 Conference – Feb 19-21st in Vancouver – 600+ delegates

First Nations Home EnergySave – increasing energy efficiency for new construction and retrofits

Engaging Metro Vancouver senior staff in FortisBCenergy efficiency program planning


Encouraging large commercial vessels to reduce underwater noise and continuously improve in their efforts e.g. vessel slowdowns, lateral displacement, quieter vessel design and technology.

FBC Roles:Catalyst for

CollaborationStrategic ConvenerImpartial FacilitatorConflict Resolution

Agent

ECHO Program

Photo credit: Jennie Hyde


Building the information, tools and business case for major new investments in regional flood resilience

Lower Mainland Flood Management Strategy

Learn more at FloodWise.caFinance and Intergovernment Committee

Peer-reviewed certification program for urban redevelopment sites and agricultural operations

Proven in US and adapted to BC by Fraser Basin Council

Links land management practices with the protection of watersheds

Standards focus on water quality, water use management, biodiversity at the site level

Strong and growing demand for site assessments & certification

Growing list of certified sites. Under consideration for North Shore and Iona wastewater treatment plants

Salmon-Safe BC


FBC Youth Program

See fbcyouthprogram.ca for more information

Co-Creating a Sustainable BC:

Building youth sustainability leadership skills and networks

My Climate Story:

Online story mapping and learning platform to give voice to youth concerned about climate change


The Metro Vancouver – FBC partnership continues to grow

Metro Vancouver contribution of $900K over the past three years has leveraged an additional $10M in funding for efforts on shared priorities; $7.6M directly supported work in the region

New opportunities continue to emerge that will further build on our work together, for example:• $31M in additional funding for electric vehicle incentives• New resources for Reconciliation case study development and

broad-based engagement in support of “ReconciliAction”• Accelerating progress toward Flood Strategy implementation• Building on Salmon Safe BC momentum

The support of Metro Vancouver Directors and Staff for the work of FBC is highly valued and much appreciated

In Conclusion….


Thank You!


Best Practice Response - Project Estimating FrameworkBRIEFING NUMBER THREECheryl Nelms, P.Eng, Ph.D.GENERAL MANAGER, PROJECT DELIVERY

Finance and Intergovernment Committee Meeting: November 18, 202042033444

5.2


2

Agenda

• Introduction to Cost Estimating

• Best Practice Framework

• Next Steps

PHOTO: NORTH SHORE WASTEWATER TREATMENT PLANT Finance and Intergovernment Committee

3

Cost Estimating

Prediction of the costs of a project from inception to project completion

Prediction is based on evaluating uncertain circumstances

PHOTO: LULU ISLAND Finance and Intergovernment Committee

4

Impacts of Poor Estimating Practices

Cost overrun and scope creep

Requirement for significant budget revisions during

execution

Multiple requests for funding

Poorly informed decision making

Inability to reconcile budget changes over

time

Limited lessons learnt from one project to the

next

POOR ESTIMATING PRACTICE

PHOTO: LULU ISLAND Finance and Intergovernment Committee

5

Cost Estimating Objectives

Improves decision making as a project is advanced through its various stages

Improves cost certainty and cost management

PHOTO: IONA WWTP Finance and Intergovernment Committee

6

Best Practice Framework


7

Project Estimating Best Practices

Consistent guidelinesthroughout the project

lifecycle

Standardized costcategorization

Formalized cost & scope stage gate

process

Internal database used for benchmarking and knowledge transfer


8

1. Cost Categorization

Base Design & Construction Costs

Owner’s Cost

Risk Reserve

Escalation

• Design & Construction cost estimates

• D&C estimate uncertainty contingency

• Time/inflation based cost increases estimating using project specific construction indices and schedule

• Specific reserve to account for risks retained by Metro Vancouver (E.g. geotechnical risk)

• Based on standardized risk review process

TotalProject

Contingency

• MV staff, owner advisors, site acquisition, permitting, procurement, legal costs

• Owner’s costs estimate uncertainty contingency


1. Cost Categorization: Procurement Options Analysis

9

Greater Responsibility

Limited Responsibility

Shared Responsibility

LegendRISK ALLOCATION CATEGORIES DBB DBF

Contractor Owner Contractor Owner Changes in regulations ● ● ● ●Owner initiated changes ● ● ● ●Achieving schedule ● ● ● ●Design functionality ● ● ● ●Construction costs ● ● ● ●Commissioning & Acceptance ● ● ● ●


2. Guidelines: Steps for Each Project Stage

• 10+ years timeline for execution of large capital projects

• Estimate requirements and guidance provided at each project stage

• Use of AACE Estimate class, well understood by engineering industry

10

Expected Accuracy Range

* Class 1-5 is equivalent to Class A-EFinance and Intergovernment Committee

11

2. Guidelines: Steps for Each Project Stage


12

3. Stage Gate Process: Internal Review

Detailed Guideline - Standardized Cost Categorization

Definition Design Construction Closeout

Level of Development • Need identified• Screening level

business case• Conceptual design• Options analysis

• Preliminary design• Detailed design• Bottom-up estimate

• Construction • Completion of contractual obligations

Key Project EstimatingDeliverables

Screening level business case

Project estimate Class 4/5

Project estimate Class 3 Value Engineering (max

impact at 30% design) Authorization for expenditure

Class 2/1estimates for key contracts

Preparation and Issue of Project Completion Report

Close authorization for expenditure

Gate Gate Gate Gate


Next Steps• Create Project Controls Group

• Formalize internal practice and guidelines

• Develop training for project estimation

• Implement best practices on Metro Vancouver large capital projects

• Develop internal database as fourth pillar for benchmarking and knowledge transfer

13PHOTO: IONA WWTP Finance and Intergovernment Committee

Thank You


Environmental, Social and Governance (ESG) and Socially Responsible Investment (SRI) StrategyJoe SassDIRECTOR, FINANCIAL PLANNING AND OPERATIONS / DEPUTY CFO

Finance and Intergovernment Committee Meeting, November 18, 2020

Capilano Reservoir

42125276

5.3


Community Charter and Investment Policy Other ESG/SRI Considerations Current ESG/SRI Investing Environment Strategy Options Next Steps

2

Agenda


MFA bonds or MFA pooled funds Canada or provincial bonds Securities guaranteed by Canada or province Securities of municipality, regional district or greater board Investments guaranteed by a chartered bank Deposits in a savings institution or credit union Other investment authorized under this or other Act

3

Community Charter S183


1. Preservation of Capital

2. Liquidity

3. Return

4. ESG/SRI – Fossil Fuel Free (Proposed)

4

Investment Policy Objectives


Limited Options

Liquidity / Cash Flow Needs

Measurement

Stakeholders

5

Other ESG/SRI Considerations


6

Current ESG/SRI EnvironmentTerminology

Socially Responsible

Investing

ESG Factors

Impact Investing

UN Principles

for Responsible Investment

(PRI)

DivestmentFossil Fuel Free (FFF) Investing


7

Current ESG/SRI EnvironmentUN’s Sustainable Development Goals


8

Current ESG/SRI EnvironmentSector Growth

Source: RBC Capital MarketsFinance and Intergovernment Committee

9

Current ESG/SRI EnvironmentReporting Landscape


10

Current ESG/SRI EnvironmentESG Rating


What is “green washing”? Example: Impact Guaranteed Investment Certificate (GIC) Marketing features to draw interest

- Local Impact- Fossil Fuel Free- Sustainable Development Goals- Reporting

11

Current ESG/SRI EnvironmentESG Mandated Products – “Green Washing”


A – Gradual Application

B – Immediate Action

C – Comprehensive Application

12

Strategy Options


13

Portfolio Scenarios

A - Gradual

FI and CU

Government

Bond Fund

Estimated yield 2.06% No direct impact

Estimated yield 1.98% $310,000 potential loss in revenue

Estimated yield 1.77% $830,000 potential loss in revenue

B - Immediate

FI and CU

Government

GovernmentGreen

FFF Bond Fund

C - Comprehensive

FI and CU

Government

GovernmentGreen

FFF Bond Fund


Report to MVRD Board to approve strategy and proposed Policy language: “Metro Vancouver will apply exclusionary screening in its portfolios to avoid direct investments in fossil fuel”

Work with the MFA and Member Municipalities

14

Next Steps


Questions and Feedback

Burnaby Lake


Metro Vancouver K-12 EducationSCHOOL & YOUTH LEADERSHIP PROGRAMS

Larina LopezDIVISION MANAGER, CORPORATE COMMUNICATIONSEXTERNAL RELATIONS DEPARTMENT

Bruce Ford EDUCATION COORDINATOR, CORPORATE COMMUNICATIONSEXTERNAL RELATIONS DEPARTMENT

Finance and Intergovernment Committee | November 18, 202042150894

5.4


2

MetroVancouver

Population: 2.7 million

K-12 Students: 400,000

K-12 Teachers:25,000

Public School Districts: 11


3

• K-12 Resources & Tools

• Field Trips

• Facility Tours

• Teacher Workshops

K-12 Teacher Leadership Exploring sustainability in class and beyond


4

Teacher Leadership - “Educational change is technically simple, socially complex.” (Michael Fullan)


5

Influencing behavior change - “Instruction beyond providing ‘awareness’ and ‘knowledge’ to give learners a sense of ‘ownership’ and ‘empowerment’ can maximize opportunities for learning and environmentally responsible behavior.” (Hungerford and Volk, 1990)


6

• Youth Leadership Clinics and Workshops

• Regional Network Meetings• Metro Vancouver Sustainability

Toolbox (Gr. 11/12 Regional Course)• CHAMPs (Collaborative High school

Action & Mentorship Program)

Youth4ActionInspiring youth-led action and collaboration


Shift to Virtual Events


“

“I’ve become more aware of the issues impacting the world today. I’m learning how to be a systems-thinker. I know where to start and I have hope to make a difference.”

• Hallie Robinson, Grade 10, Maple Ridge


Questions?Finance and Intergovernment Committee

public opinion of metro vancouver infrastructure projects and funding · 2020. 11. 18. · metro...

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