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ARTICLE · 22 SEPTEMBER 2020

Three Years After Its Launch, Is The Canada Infrastructure Bank Ready For The Spotlight?

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Launched by the Trudeau government in June 2017, the Canada Infrastructure Bank (the Bank) promised to significantly transform Canada's project development landscape.

CanadaStrategy
Mark Ledwell
Mark Ledwell
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Launched by the Trudeau government in June 2017, the Canada Infrastructure Bank (the Bank) promised to significantly transform Canada's project development landscape. Three years later, that promise has yet to be fulfilled. However, as COVID-19 continues to push the global economy deeper into recession, many wonder if the Bank is now finally poised to make its mark on Canada's economy.

A Crown Corporation, the Bank was established with the mandate of investing $35 billion of federal funding in much needed infrastructure projects across Canada – and, in turn, attract private sector investment into new revenue-generating projects. Notably, for infrastructure to be eligible for investment by the Bank, it must be both transformational and in the public interest.

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