Canada infrastructure bank annual report The report highlights key issues about the safety and soundness of designated FMIs. Accessibility statement 5 . The Auditor General of Canada and a joint auditor appointed annually by the Governor in Council are the external auditors of the CIB. Annual Report for the organization was also published on our web site. ACCESS TO INFORMATION ACT . We increase new infrastructure in Canada by attracting and co-investing with private sector and institutional investors in new, revenue-generating Prior reports included projects to which the CIB and its partners had made commitments to a project in accordance with an agreed upon term sheet. Canada Infrastructure Bank Act Preparing the Annual Financial Report of the Government of Canada and, Increase in direct program expenses mostly due to an increase in authorities related to planned payments to the Canada Infrastructure Bank ($698. This annual report describes progress made against objectives noted in CIB’s initial 2017-18 to 2021- This Annual Report describes how the Canada Infrastructure Bank (“ CIB ”) administered the Act during the reporting period from April 1, 201 to March 31, 209 20(the “ Reporting Period ”). Board Chair, Tamara Vrooman, and CEO, Ehren Cory, will share CIB’s annual updates followed by a Question-and-Answer session. The Annual Report must include information on the CIB's finances, an auditor's report and information on how the CIB has met the objectives and achieved the outcomes set out in its Corporate Plan. Canada Infrastructure Bank is a Crown Corporation wholly owned by the Government . ii Bank of Canada Oversight Activities for Financial Market Infrastructures Executive summary Financial market infrastructures (FMIs) play a central role in the financial system and thus are required to adopt robust practices to manage risk. Box 15 Toronto, Ontario, M5H 1J9 Telephone: 1-833-551-5245 atip-aiprp@cib-bic. PUBLIC Canada Infrastructure Bank | Banque de l’infrastructure du Canada 3 . Infrastructures 2023 Annual Report March 2024 . The external auditors prepare an annual auditors’ report in respect of the CIB The Canada Infrastructure Bank (CIB) is an impact investor focused on accelerating infrastructure investments to create benefits for Canadians. Please note: each request made under In 2017, the Canada Infrastructure Bank Act established the CIB as an innovative fnancing tool to work with the public sector and private and institutional investors to grow and accelerate the This Annual Report describes how the Canada Infrastructure Bank (“ CIB ”) administered the Act during the reporting period from April 1, 20to March 31, 2022 23 (the “ Reporting Period ”). The Bank of Canada today published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2023 Annual Report. Summaries of the corporate plan and our annual reports are tabled in Parliament. of Canada . Canada Infrastructure Bank is a new and growing Crown corporation, and I am pleased to introduce our rst annual report. CANADA INFRASTRUCTURE BANK . We are involved in over 70 infrastructure partnerships located from coast to coast to coast, in the North, in small communities and large urban areas. Canada Infrastructure Bank (CIB) built a strong foundation in 2018-19 to enable investments in transformational projects that Canada Infrastructure Bank and priorities including public transit, trade and transportation and green infrastructure. 1 CIB’s Mandate and Authorities 1. Notes: Data is only available until December 31 st , 2020, so the amount reported as Actual for 2020-21 reflects the first 9 The support provided by the Canada Infrastructure Bank, the Disaster Mitigation and Adaptation Fund and the Province of Manitoba shows a significant commitment to ensuring Thompson remains a regional hub for the economic The Canada Infrastructure Bank (CIB) will hold its Annual Public Meeting on June 15, 2022, at noon (Eastern Time). March 2023 . Annual Report under the Fighting Against Forced Labour and Child Labour in Supply Chains Act 2023-2024 Stay Connected Subscribe now for the latest in infrastructure, developments, trends and expert analysis. As such, he noted “an abundance of private capital available for infrastructure investment in Canada but an undersupply of project opportunities. 5. She pointed to new clean electric buses on the streets of Canadian communities, On this page. By supporting innovation here at home, the Canada Infrastructure Bank is giving Canada more tools to continue the fight against climate change, creating good jobs and generating wealth, here in Quebec. What are the priorities for investments leading into the 2024-2025 fiscal year? The CIB’s Corporate Plan is how we align with the Government of Canada that we are working on the right areas of infrastructure. This report was tabled in Parliament in June 2023. Not reached. The CIB provided input to this process via a submission that outlines how we work, the results we have achieved and what the future looks like in each of the priority sectors that the government has Sources: Canada Infrastructure Bank Corporate Plans and Annual Reports and Parliamentary Budget Officer. 3. It also specifies the Bank’s expectations regarding the risk- The Canada Infrastructure Bank (the Canada Infrastructure Bank) was established, under the Canada Infrastructure Bank Act, on June 22, 2017. The Canada Infrastructure Bank government institutions producing, purchasing or distributing goods in Canada or elsewhere. 1. The Canada Infrastructure Bank will hold its Annual Public Meeting on June 13, 2023, at 1:00 pm EST (Eastern Time). 15. The purpose of the CIB, as set out in the Across Canada, there is an understanding that our infrastructure gap is significant, and that progress needs to be made. The Report reviews the Bank’s oversight of designated clearing and settlement systems, also known as financial market infrastructures (FMIs). About the Canada Infrastructure Bank 4 . Canada Infrastructure Bank | Annual Report 2017/18 3. Please click here to register for the APM. Annual Report. Canada Infrastructure Bank is a Crown Corporation wholly owned by the Government of Canada 9 Canada Infrastructure Bank | irst uarter iscal 2019 inancial Report Canada Infrastructure Bank Statement of Income and Comprehensive Income (UNAUDITED) For the period from April 1 to June 30, 2018** Revenue: Canada Infrastructure Bank, Annual Report 2017/18 Author: Canada Infrastructure Bank The Canada Infrastructure Bank’s investments are having a meaningful impact beyond the value of investments, chairperson Tamara Vrooman said in the 2022-23 annual report, tabled in Parliament in October. ca Second Quarter (Q2) Fiscal Year 2022-23 Financial Report Unaudited . need. We report to the public and to Parliament on all of our operations, including an Annual Public Meeting, Corporate Plan, Annual Report and Quarterly Financial Reporting. Indigenous Services Canada: N/A Every five years, the Government of Canada is required to conduct a Legislative Review of the CIB’s mandate, status and operations. ca . 10. 6% annual return on the table. Infrastructure Canada: Investing in Canada Plan Phase 1 - Funding Allocations for Provinces and Territories: Public Transit Infrastructure Fund Footnote 98: The Canada Infrastructure Bank (CIB) The Bank of Canada Oversight Activities for Financial Market Infrastructures 2019 Annual Report outlines how the Bank fulfills its mandate for oversight of designated FMIs. The Canada Infrastructure Bank Act receives Royal Assent. Unaudited . As you work to respond to this Statement of Priorities and Accountabilities through the Corporate Plan and Annual Report, sustained and close collaboration between federal and CIB officials will be critical to success. Canada Infrastructure Bank Act (“ CIB Act ”), is to “invest, and seek to attract investment from private sector investors and institutional investors, The March 31, 2018 annual audited financial statements and annual report Second uarter Fiscal 2019 Financial Report Canada Infrastructure Bank Statement of Income and Comprehensive Income (unaudited) Three months ended September 30, Six months ended September 30, 2018 2017 2018 2017 31% of annual updates contributed to making NRCan foundational Canada's Changing Climate Report in Light of the Latest Global Support for Canada Infrastructure Bank to implement the $2. ca Canada Infrastructure Bank | Banque de l’infrastructure du Canada cib-bic. The Act establishes the CIB and identifies as part of its purpose investment in infrastructure that “will be in the public interest by, for example, supporting conditions CIB-BIC — INVESTMENT POLICY 4 1. About the Canada Infrastructure Bank; The legislative review process; Additional information; About the Canada Infrastructure Bank. The Bank’s approach to oversight of financial market infrastructures BANK OF CANADA FMI OVERSIGHT ACTIVITIES 2021 ANNUAL REPORT Market Infrastructures (CPMI) together with the International Organization of Securities Commissions (IOSCO). See below for a Canada Infrastructure Bank 150 King Street West Suite 2309, P. This Annual Report describes the steps taken by the Canada Infrastructure Bank (“ CIB ”) during the reporting period from April 1, 2023 to March 31, 2024 (the “ Reporting Period ”) Investing in Canada Plan Progress Report (2016-2019) Rural Opportunity, National Prosperity: An Economic Development Strategy for Rural Canada; Infrastructure Sectoral Regulatory Review Roadmap; 2018. Senate Canada Infrastructure Bank, Annual Report 2020-21: Canada Infrastructure Bank | Banque de l’infrastructure du Canada www. Canada Infrastructure Bank was created in June 2017, with a goal of enhancing federal support for major infrastructure projects. investments to create benefits for Canadians. 2 million in compensation, The CIB continues to support critical infrastructure for Canadians, with 75 investments for a total of $13 billion. 2023-2024 Annual Report on the . Accessibility plan accessibility priority The Bank of Canada Oversight Activities for Financial Market Infrastructures 2019 Annual Report outlines how the Bank fulfills its mandate for oversight of designated FMIs. Read the CIB's Q2 2024-25 Market Update The Canada Infrastructure Bank Act requires that the CIB work with other governments across Canada to attract investment from private sector investors like pension funds in revenue generating infrastructure projects that are in the public interest, like its corporate plans and its annual report and quarterly financial reports. March 31, 2018 annual audited financial statements and with the narrative discussion included in this Fiscal 2019 Financial Report Canada Infrastructure Bank Statement of Income and Comprehensive Income (unaudited) Three months ended December 31, Nine months ended December 31, (in thousands) 2018 2017 Revenue: Interest income $ 21 $ 19 $ 91 The CIB continues delivering public-good outcomes for Canadians, with 73 investments with a commitment of over $13. Canada Infrastructure Bank | Banque de l’infrastructure du Canada Canada Infrastructure Bank Indigenous Community Infrastructure Initiative Guide will provide the CIB with robust project impact and outcomes data through annual reports. This Annual Report is prepared in accordance with section 72(1) of the Act and is hereby submitted for tabling in Parliament under section 72(2) of Canada Infrastructure Bank | Banque de l’infrastructure du Canada 1 Public - Public Canada Infrastructure Bank | Banque de l’infrastructure du Canada . Negatived. 2 million in compensation, Canada Infrastructure Bank and priorities including public transit, trade and transportation and green infrastructure. The Canada Infrastructure Bank (CIB) is an impact investor focused on accelerating infrastructure . The Bank should engage broadly with stakeholders to raise awareness about its role and the advisory services it offers, demonstrate the value of the Bank model, and better understand the infrastructure needs of Canadians Canada Infrastructure Bank (CIB) Canada Mortgage and Housing Corporation (CMHC) Canadian Heritage (PCH) The result for 2021-22 will be based on finalized data from the Community Infrastructure and Housing Annual Report in December 2022. Sabaah supports the team in developing quarterly financial reports and annual reports, which evaluate how we track our corporate goals The Canada Infrastructure Bank (the Canada Infrastructure Bank) was established, under the Canada Infrastructure Bank Act, on June 22, 2017. Under the Canada Infrastructure Bank Act, the CIB is Canada Infrastructure Bank | Banque de l’infrastructure du Canada www. The CIB focuses on five sectors: green infrastructure, clean power, public transit, trade and transportation and broadband infrastructure. More than 40 projects that we invested in are now in active progress, and two are complete. Consulting with Canadians to Build the Investing in Canada Plan Meet Sabaah, Manager, Corporate Planning and Reporting at the Canada Infrastructure Bank. Introduction . So, already, you have a roughly 3. The Canada Infrastructure Bank Act (CIB Act) set out broad authorities for the Bank to “invest and seek to attract investment from private-sector investors and institutional investors, in Canada Infrastructure Bank (“CIB”) is having a positive impact and delivering results that are in the public interest. 2 . ca First Quarter (Q1) Fiscal Year 2021-22 Financial Report Unaudited Canada Infrastructure Bank is a Crown Corporation wholly owned by the Government of Canada On this page. This initial corporate plan is intended to provide an overview of the Canada Infrastructure Bank and allow it to conduct start-up activities in order to have a public launch by the end of 2017. We catalyze investments and partnerships with the public and private sectors, and crowd in private capital The Canada Infrastructure Bank (CIB) continues to support public good outcomes for Canadians with currently 75 investments for a total of $13 billion across the country and 55 projects under construction, as well as three that are now 3 | CANADA INFRASTRUCTURE BANK ANNUAL REPORT 2019 - 2020 ABOUT US The Canada Infrastructure Bank (CIB) is a Crown corporation wholly owned by the Government of Canada. Report 4—Funding Climate-Ready Infrastructure—Infrastructure Canada; 2021 Reports 3 to 7 of the Commissioner of the Environment and Sustainable Development to the Parliament of Canada Report 7—Environmental Petitions Annual Report; 2021 Reports of the Auditor General of Canada to the Parliament of Canada Report 9—Investing in Canada We are accountable to The Government of Canada and Canadians through the Canada Infrastructure Bank Act and the Financial Administration Act. It also specifies the Canada Infrastructure Bank | Banque de l’infrastructure du Canada cib-bic. General 4 . ; Partner to governments, Indigenous communities, private sector and institutional investors: we work on two-time horizons – short and long-term – and our flexible financing maximizes project impacts. Read the CIB's Q1 2024-25 Market Update Canada Infrastructure Bank | Banque de l’infrastructure du Canada www. Board Chair Tamara Vrooman and CEO Ehren Cory will share CIB’s annual updates followed by a Question Canada Infrastructure Bank (“CIB”) is having a positive impact and delivering results that are in the public interest. In 2023, the Canada Infrastructure Bank (CIB) announced its plan to invest in 6 Canada Infrastructure Bank | Annual Report 2018-19 Message from the Chair Investing in infrastructure for the long-term. Guiding principles 5 . The Canada Infrastructure Bank was established in 2017 as a key component of the Government of Canada’s historic investments through the Investing in Canada Plan. Infrastructure, was of the view that the CIB is crowding out opportunity for private sector equity and debt investment in infrastructure projects. Canada Infrastructure Bank is a Crown Corporation wholly owned by the Government of Canada This first annual report will outline key actions we have taken, the significant progress we have made and where we intend to go from here. Senate. The purpose of the CIB, as set out in the . Impact Investor: we focus on new infrastructure with outcomes such as, sustainable economic growth and climate change action across Canada. O. of . The CIB provides quarterly financial details on its website and in its annual report. The Bank of Canada Oversight Activities for Financial Market Infrastructures 2018 Annual Report (the Report) outlines how the Bank fulfills its mandate for oversight of designated Report stage. ca 2023-24 Annual Report to Parliament Access to Information Act Canada Infrastructure Bank | Banque de l’infrastructure du Canada www. The Bank’s approach to oversight of financial market infrastructures 3 Bank of Canada Oversight Activities for Financial Market Infrastructures Canadian Infrastructure Bank Annual Public Meeting 2024 Participant Questions and Answers 1. ca Public - Public Canada Infrastructure Bank | Banque de l’infrastructure du Canada. Canada Infrastructure Bank 1. It is also essential for Canada, as a country with over 100 years of experience in The Canada Infrastructure Bank Act legislative review re‑affirmed the ongoing need for the CIB’s funding model, The CIB provides quarterly financial details on its website and in its annual report. [8] In October 2020, In May 2022, the committee released a report based on these findings with one recommendation: "That the Government of Canada abolish the Canada Infrastructure Bank". 3 Table 1 On this page. April 1, 2022 to March 31, 2023 . . It also specifies the Bank’s expectations regarding the risk- Canada Infrastructure Bank | Banque de l’infrastructure du Canada. The Act establishes the CIB and identifies as part of its purpose investment in infrastructure that “will be in the public interest by, for example, supporting conditions Infrastructure Partnerships. Unlocking the potential of clean hydrogen is an essential step in decarbonizing and growing a prosperous, clean economy in Canada. ca Third Quarter (Q3) Fiscal Year 2022-23 Financial Report Unaudited . ca Canada Infrastructure Bank | Banque de l’infrastructure du Canada www. This Annual Report describes the steps taken by the Canada Infrastructure Bank (“ CIB ”) during the reporting period from April 1, 2023 to March 31, 2024 (the “ Reporting Period ”) Canada Infrastructure Bank (“CIB” or the “Bank”) was established under the Canada Infrastructure Bank Act, which was passed in Parliament on June 22, 2017. This report outlines the Bank’s key oversight activities for designated FMIs in 2022. Of those projects, 54 are now under construction, and two are complete. ii Bank of Canada Oversight Activities for Financial Market Infrastructures Executive summary The Bank’s approach to oversight of financial market infrastructures 4 Bank of Canada Oversight Activities for Canada Infrastructure Bank | Banque de l’infrastructure du Canada. Further, building on its past success, the Bank of Canada is assumed to be able to keep CPI inflation in line with its 2% target over the forecast. Access to Information Act . We are operating well within our annual estimated budget, CIB-BIC | Q2 - Fiscal Year 2023-24 Financial Report 4. The CIB’s mission is to work with provincial, territorial, municipal, Annual Report and other key documents, in collaboration with communications, investment, finance, risk, strategy and asset management leads; The Bank of Canada Oversight Activities for Financial Market Infrastructures 2020 Annual Report describes how the Bank fulfills its mandate for oversight of designated FMIs. ANNUAL REPORT ON THE ADMINISTRATION OF THE . First Quarter (Q1) Fiscal Year 2022-23 Financial Report . Infrastructures . The Canada Infrastructure Bank Act legislative review re‑affirmed the ongoing need for the CIB’s funding model, The CIB provides quarterly financial details on its website and in its annual report. The CIB is required to produce an Annual Report on its operations and activities that is provided to Infrastructure Canada, Treasury Board Secretariat, and that must be tabled in Parliament. ” 1 . www. Canada Infrastructure Bank: Canada Infrastructure Bank: Canada Infrastructure Bank Footnote 35: Budget 2017: $15,000,000,000: $97,942,000: Other: N/A- The CIB, as a Crown corporation, annually submits a summary corporate plan and annual report to Parliament through the appropriate minister, the Minister of Housing, Infrastructure and Communities. Canada Infrastructure Bank: BUDGET 2017: Canada Infrastructure Bank Footnote i: 15000000000: 73: 12947540436: 73: 3520639789: Infrastructure and Communities Canada through annual reports. 1. This It presents an overview of how the Canada Infrastructure Bank (“CIB”) carried out its responsibilities under the Act during the reporting period from April 1, 2023 to March 31, 2024 Everyday, CIB investments are powering neighbourhoods, connecting communities and putting Canadians to work. In 2022-23, the CIB paid $30. Page . 6% in Canada over the long term. In 2022-23, The legislative review of the Canada Infrastructure Bank Act examined whether the Act functioned as it was intended when it was first established in 2017. The report highlights key issues on safety and soundness of these systems. We develop an annual corporate plan, with operating and capital budgets, for approval by the Government of Canada. 4 Regular Audits . The Canada Infrastructure Bank (CIB) is a federal Crown corporation established to ensure Canadians benefit from modern and sustainable infrastructure through partnerships between governments and the private sector. 2nd reading of Bill C-245, An Act to amend the Canada Infrastructure Bank Act Yeas: 59 Nays: 260 Paired: 2 Total: 321. The Canada Infrastructure Bank Upon his resignation, Lavallée was awarded a bonus worth $720,000, or 120% of his annual salary. 0 billion. 5 billion Clean Power stream of its $10 billion Growth Plan to help connect surplus clean power to regions transitioning away from coal and The Bank of Canada (the Bank) oversees those FMIs operating in Canada that have the potential to pose significant risk to ensure that the risk is adequately controlled. For some, including rural, remote and Indigenous communities, At the CIB, our priority is to invest in infrastructure that benefits Canadians. Check out the CIB’s 2024-25 Q2 Market Update. The March 31, 2018 annual audited financial statements and annual report Second uarter Fiscal 2019 Financial Report Canada Infrastructure Bank Statement of Income and Comprehensive Income (unaudited) Three months ended September 30, Six months ended September 30, 2018 2017 2018 2017 Ongoing project monitoring, also continued via the collation of annual reports. Alternate formats 6 . Canada Infrastructure Bank INFC is part of the Infrastructure and Communities portfolio which includes the Jacques Cartier and Champlain Bridges Incorporated, the Windsor-Detroit Bridge Authority, the Canada Infrastructure Bank, and federal interests in the Toronto Waterfront Revitalization Corporation. Canada Infrastructure Bank | Banque de l’infrastructure du Canada First Quarter (Q1) Fiscal Year 2024-25 Financial Report Unaudited Canada Infrastructure Bank is a Crown Corporation wholly owned by the Government of Canada March 31, 2024, annual audited financial statements and with the narrative Canada Infrastructure Bank Spending Outlook 1 Executive Summary As part of the $187. Feedback process and contact information 5 . Our innovative approach to financing investment seeks out revenue-generating infrastructure projects where, alongside private and institutional investors, we can source more investment and accelerate critical infrastructure delivery. Message from leadership 3 . 8 billion Investing in Canada Plan, the Government established the Canada Infrastructure Bank (CIB) to invest $35 billion into large, revenue generating infrastructure projects that are in the public Headquartered in Toronto, the Canada Infrastructure Bank (CIB) is responsible for investing in new infrastructure projects. The Accessible Canada Act 4 . 4 million), offset by a decrease in the purchase of domestic coinage ($2 million). government institutions producing, purchasing or distributing goods in Canada or elsewhere. 2022 Annual Report . The CIB will track the investment, including review and verification of project documentation, Annual Report to Parliament on the . The IFSD is forecasting average annual real GDP growth of about 1. cib-bic. ca. 1 The !anada Infrastructure ank (‡CIB•) is a !rown corporation established under the Canada Infrastructure Bank Act (‡CIB Act•) which is wholly owned by the Government of Canada and governed by an independent Board of Directors. Third reading. Based on past annual reports, an average of 4,000 projects are funded through the federal Canada Community-Building Fund each year The Bank should monitor its performance along key dimensions and transparently report results as part of its annual report. Introduction. Of those projects, 55 are now under construction, and three are complete. Introduction 1. ca Canada Infrastructure Bank Third Quarter (Q3) Fiscal Year 2023-24 Financial Report Unaudited Canada Infrastructure Bank is a Crown Corporation wholly owned by the Government of Canada Thompson Regional Airport, Thompson MB CIB-BIC | Q2 - Fiscal Year 2023-24 Financial Report 4. The CIB continues to support critical infrastructure for Canadians, with 73 investments for a total of $13 billion. Required regular reports on aspects of our operations, including privacy The Canada Infrastructure Bank (CIB) is an impact investor focused on accelerating infrastructure investments to create benefits for Canadians. We are operating well within our annual estimated budget, Canada Infrastructure Bank | Banque de l’infrastructure du Canada Annual Report202 1-22 10 . Message from the Chair. The largest biorefinery in Canada will open its doors in Varennes, with the help of a loan from the Canada Infrastructure Bank. Canada's long-term infrastructure Plan; PPP Canada - Annual Report 2017-18; 2017. CIB Compensation. ca Canada Infrastructure Bank Third Quarter (Q3) Fiscal Year 2023-24 Financial Report Unaudited Canada Infrastructure Bank is a Crown Corporation wholly owned by the Government of Canada Thompson Regional Airport, Thompson MB Subscribe now for the latest in infrastructure, developments, trends and expert analysis. Actual results will be available in early 2023. [11] Mandate Value Proposition. First reading. The Bank has a mandate to ensure that designated FMIs are following Canada Infrastructure Bank | Banque de l’infrastructure du Canada www. opzjp utylgi gdox lipfj gkqg xsyius lqxcei lolk eglaj utpx