US EditionInfrastructure Bank CEO says it's ready to play a role in national-interest projects
- Ehren Cory, CEO of the Canada Infrastructure Bank, said on June 5, 2025, the bank is ready to support national-interest projects across Canada.
- The bank’s role follows Ottawa’s plan to advance large projects with major investments despite regulatory and political challenges that have delayed progress.
- The Canada Infrastructure Bank targets projects with long payback periods and high upfront costs, such as pipelines and clean power, where private sector funding is insufficient.
- Cory said, "We're just one tool in the tool kit of that," highlighting the bank’s $35 billion capital, $5 billion in clean power investments, and $1 billion in Indigenous-led projects.
- The bank anticipates playing a key role in projects like the Pathways carbon capture and Grays Bay port as part of broader efforts to improve trade corridors and infrastructure.
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The President and CEO of the Infrastructure Bank of Canada stated that the Crown Corporation is pleased to contribute to Ottawa's ambitions to advance major projects deemed to be of national interest.
·Montreal, Canada
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Infrastructure Bank CEO says it’s ready to play a role in national-interest projects
CALGARY - The chief executive of the Canada Infrastructure Bank says the Crown corporation is looking forward to playing a role in Ottawa's ambitions to push ahead major projects deemed in the national interest.
·Hamilton, Canada
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Total News Sources18
Leaning Left7Leaning Right3Center1Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
64% Left
L 64%
R 27%
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