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.

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