Infrastructure Bank to embark on $10B growth plan, get creative in attracting investors

The Canada Infrastructure Bank will get more creative in order to attract additional private-sector and institutional investors to its projects, its chair said, as the Crown corporation has been tapped to deploy billions as part of the federal government’s COVID-19 economic recovery efforts.

Prime Minister Justin Trudeau on Thursday announced a $10-billion “growth plan” for the bank, which is expected to create approximately 60,000 jobs via investments in clean-power projects and energy-efficient building retrofits, among other things.

Read more: https://www.theobserver.ca/news/fp-street/infrastructure-bank-to-embark-on-10b-growth-plan-get-creative-in-attracting-investors/wcm/0ebcf9cf-d6d6-4bdd-a571-918e8f67bbc9