Canada Infrastructure Bank
The Canada Infrastructure Bank (CIB) is a federal Crown Corporation established in 2017, wholly owned by the Government of Canada, tasked with financially supporting revenue-generating infrastructure projects that are in the public interest. Its core mission is to attract private and institutional capital to invest in large-scale infrastructure projects across Canada, aiming to deliver economic, environmental, and social benefits to Canadians. The CIB operates at arm's length from the government and is headquartered in Toronto, Ontario.
The CIB provides various financial instruments, including loans, equity investments, and loan guarantees, to make infrastructure projects commercially viable and to de-risk them for private investors. The bank also offers advisory services to public partners in planning and structuring complex projects. Its priority sectors for investment include public transit, green infrastructure, clean power, trade and transportation, broadband connectivity, water and wastewater systems, enabling housing supply, critical minerals, EV charging, clean fuels, and Indigenous infrastructure.
As of Q3 2025-26, the Canada Infrastructure Bank has committed $18.1 billion across 108 investments, with 89 projects under construction or development and 11 completed. Recent activities include a $660 million loan to Irving Pulp & Paper for a mill modernization project in May 2026 and partnerships supporting Indigenous development projects in April 2026. Ehren Cory serves as the Chief Executive Officer, and Macky Tall is the Chair of the Board of Directors. The CIB's mandate has expanded to $45 billion, and it continues to evolve its leadership structure to meet Canada's growing infrastructure needs.
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