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AHA and Abbotsford Regional Hospital and Cancer Centre Inc. (AHCC) entered into a public-private partnership (P3) for a major British Columbia hospital and cancer centre facility. This is the largest P3 completed in BC to date, with an estimated capital cost of $355 million. AHA also issued $209 million of fully amortizing fixed indexing annuity bonds, series A, as the first tranche of the financing for the project. The P3 agreement provides for the design, construction, financing, operation and maintenance of a new 300-bed regional hospital and cancer centre in Abbotsford, BC.

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2004