• Under the terms of the concession agreement, InTransitBC was to design, build, partly finance, operate, and maintain the line, including the light rail rolling stock.
• TransLink retained ownership of the line and control of the fares. It is also responsible for maintaining safety standards and ensuring that the private partners comply with performance standards. They pay InTransitBC from collected fares and other revenue sources based on availability, quality, and ridership of Canada Line. These payments are sized to reflect InTransitBC's forecast financing and operational and maintenance costs based on a forecast of ridership. The contract provides for these costs to be adjusted periodically to reflect actual ridership.
• InTransitBC took on the design and build risk of the line and, in turn, contracted with SNC under a fixed-price, date-certain engineering, procurement, and construction (EPC) contract to deliver these works.
• The Concession Agreement included a detailed construction program and some 1,000 milestone events in the construction program. Achievement of these events triggered pre-agreed contributions of the public funds.