Canada Infrastructure Bank

Parliament's fiscal watchdog is projecting that the Canada Infrastructure Bank will fall more than $20 billion short of its investment targets for the coming years.

A federal Crown corporation is loaning BC Ferries $1 billion to help buy four Chinese-made ships, a purchase that federal Transport Minister Chrystia Freeland recently said was dismaying and should involve no federal funds.

The Canada Infrastructure Bank is providing a $337 million loan to support the $900 million project by hydrogen company HTEC, which involves plans to build up to 20 hydrogen refuelling stations, with 18 of them in B.C. and the others in Alberta.

Scott Pearce, president of the Federation of Canadian Municipalities, was speaking at a news conference in Ottawa ahead of the spring budget to call on the federal government for more infrastructure money.

Edmonton's Capital Power Corp. and Ontario Power Generation are joining together to assess the feasibility of developing small modular nuclear reactors to help power Alberta's electricity grid.

The "next steps" for a long-awaited Indigenous loan guarantee program will be announced in next year's federal budget, the Liberal government promised in its fall economic statement on Tuesday, Nov. 21, 2023.

More electric vehicle charging stations are on the way as the Canada Infrastructure Bank says it has signed a second funding deal to expand fast-charging options.

Canada’s changing climate has rendered a crucial ice bridge to a small municipality near Montreal unreliable, and even studying possible fixes is costly for the small community, the mayor says.

The financial support Canada is offering for the clean energy transition is competitive with the Inflation Reduction Act (IRA) south of the border, a new report from TD Economics says.

Canada's energy sector will be the recipient of a wave of public and private investment dollars in the coming decade, experts say, as the push to reach net-zero greenhouse gas emissions by 2050 gains momentum.

The federal government said it would provide up to $56 million to the University of Toronto to help it retrofit some of its dozens of old and energy-inefficient buildings in downtown Toronto.

The recent federal budget added to the Canada Infrastructure Bank's plate by requiring it to now spend public dollars on private sector-led projects like small modular reactors, clean fuel production, and carbon capture and storage.

The cash will come through existing dollars baked into the government’s fiscal framework.  

Last year, Canadians were battered by wildfires, heat waves and floods, but a new private member’s bill aims to help communities weather the climate crisis.

An annual surtax on houses valued over $1 million could help reduce housing inequality and cool housing markets, a report says.