Canada Infrastructure Bank Overview
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Company Details
The Canada Infrastructure Bank is a federal Crown corporation established in June 2017 under the Canada Infrastructure Bank Act, reporting to Parliament through the Minister of Infrastructure and Communities. Headquartered at 150 King Street West in Toronto, it invests federal capital in revenue-generating infrastructure that serves the public interest, with a mandate to deploy $35 billion and attract private and institutional co-investment. Priority sectors are enabling housing supply, clean energy, trade and transportation, and digital infrastructure and AI. Ehren Cory has been Chief Executive Officer since October 2020.
Its 2024-25 annual report records $15.8 billion of CIB investment committed across 94 projects since inception, including $3.1 billion reaching financial close across 23 projects during the year. Named investments include the Réseau express métropolitain in Montreal, GO Expansion in the Greater Toronto and Hamilton Area, the Lake Erie Connector, Ontario rural broadband, and the Contrecoeur port terminal.
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