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ARTICLE · 30 MARCH 2021

The Canada Infrastructure Bank Launches Indigenous Community Infrastructure Initiative

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On March 19, 2021, the Canada Infrastructure Bank (CIB) launched the Indigenous Community Infrastructure Initiative (ICII), which aims to invest $1 billion to encourage infrastructure...

CanadaEnergy and Natural Resources
Bennett Jones LLP
Bennett Jones LLP
Jason Roth
Jason Roth
William Osler
William Osler
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On March 19, 2021, the Canada Infrastructure Bank (CIB) launched the Indigenous Community Infrastructure Initiative (ICII), which aims to invest $1 billion to encourage infrastructure investment in Indigenous communities. The initiative plans include channeling more investments into Indigenous communities to support their economic growth and address the existing infrastructure gap. 

The IICI is part of the $10-billion Growth Plan to attract investment into Canada's infrastructure in certain priority areas for the CIB, with the aim of transforming public infrastructure, creating jobs, and transitioning to net-zero emissions by 2050 (see The Government of Canada Announces $10-Billion Infrastructure Growth Plan for our commentary).

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