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Canada Infrastructure Bank



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Report on the
Legislative Review of the
Canada Infrastructure Bank Act

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The Canada Infrastructure Bank (CIB) is a federal Crown corporation that invests in infrastructure projects across Canada that generate revenue and respond directly to Canada’s most pressing needs: supporting housing, enabling clean and reliable energy, improving trade corridors, and expanding infrastructure in northern and Indigenous communities.

Each investment the CIB makes attracts private capital and generates a return, making public dollars go further and deliver more of the infrastructure Canada needs to compete and grow.

By focusing on revenue‑generating projects and leveraging private and institutional investment, the CIB helps accelerate infrastructure projects that would otherwise take longer or not move forward at all.

The CIB also plays an important advisory role. It helps public partners build the skills and tools they need to plan, structure, and carry out complex projects, supporting all levels of government in Canada to advance projects.

The CIB operates independently from the federal government in its day-to-day operations and investment decisions. It is governed by a Board of Directors, which is responsible for overseeing the Bank’s strategic direction, approving investments, and ensuring compliance with its legislative mandate under the Canada Infrastructure Bank Act.

The Bank is accountable to Parliament through the Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada, ensuring the Bank’s work is aligned with Canada’s broader goals. The CIB receives government guidance through federal Budgets and Statements of Priorities and Accountabilities.

The CIB's priority investment sectors include:

  • Enabling infrastructure that unlocks housing supply, including water, local civil works, local transit, and connectivity;
  • Transportation and trade-enabling infrastructure, including ports, railways (including shortline railway), highways, airports, and logistics facilities;
  • Clean energy including clean power, carbon capture, utilization and sequestration, hydrogen and low-carbon fuels, decarbonizing large emitters, fostering innovation in clean energy systems, district energy, and infrastructure that supports the adoption of zero-emission vehicles;
  • AI and digital infrastructure including data centres and infrastructure, high-speed networking and interconnects, and the physical operational management systems and energy systems that enable advanced data centres for AI.

Across these priority investment sectors, the Bank supports the following priorities:

  • Infrastructure gaps in the North and Arctic, in coordination with Northern and Indigenous partners, Crown-Indigenous Relations and Northern Affairs Canada, and the Department of National Defence;
  • Projects co-developed with Indigenous communities aligned with First Nations, Inuit and Métis priorities ($3 billion long-term target); and
  • Projects that support building climate resilience into infrastructure.

CIB works in collaboration with other federal entities and programs to provide financing for projects, including:

  • With the Major Projects Office and other Crown corporations to support projects of national significance; and
  • With other federal partners including to support the Build Communities Strong Fund, Trade Diversification Corridors Fund, Arctic Infrastructure Fund, and First and Last Mile Fund.

Details of the Bank's investments and project partnerships are available on the CIB website.

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