Real Change: A New Plan For a Strong Middle Class (page 15)
« The government will also establish a new Canada Infrastructure Bank to provide innovative financing for infrastructure projects, and help more projects get built in Canada, where public capital can be leveraged. »
« The Canada Infrastructure Bank will be responsible for investing at least $35 billion on a cash basis from the federal government into large infrastructure projects that contribute to economic growth through direct investments, loans, loan guarantees and equity investments. Part of this amount—$15 billion—will be sourced from the announced funding for public transit, green infrastructure, social infrastructure, trade and transportation, and rural and northern communities. An additional $20 billion in capital will be available to the Canada Infrastructure Bank for investments which will result in the Bank holding assets—in the form of equity or debt. This $20 billion will therefore not result in a fiscal impact for the government. »
(A Plan for Middle Class Progress : Fall Economic Statement, October 27, 2016)
"The soon-to-be-operational Canada Infrastructure Bank now has a board of directors to ensure that the bank successfully delivers on its mandate,"
(Global Trade Review, November 21, 2017)
Table A2.18 Budget 2017 Investing in Canada Plan – Updated Profile
(Equality Growth - A Strong Middle Class page 353, February 27, 2018)
Political promise
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