Ontario Infrastructure Bank to prioritize long-term care, energy, housing and energy projects – Canadian Consulting Engineer ...Middle East

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Ontario Infrastructure Bank to prioritize long-term care, energy, housing and energy projects – Canadian Consulting Engineer
Logo courtesy Government of Ontario. The Ontario government’s fall economic statement, released last week, included the introduction of the Ontario Infrastructure Bank (OIB) in an attempt to attract capital to help build essential, large-scale infrastructure projects across the province. Modelled after the Canada Infrastructure Bank (CIB), which was established in 2017, the new arm’s-length, board-governed agency will allow public-sector pension plans, other institutional investors and Indigenous communities to help deliver more infrastructure projects faster. The government proposes to provide $3 billion in initial funding. “CIB is pleased to have consulted with Ontario’s ministry of fi

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