Canada Infrastructure Bank welcomes the creation of the Ontario Infrastructure Bank
TORONTO, Nov. 2, 2023 /CNW/ - Ehren Cory, CEO, Canada Infrastructure Bank (CIB), issued the following statement in response to the creation of the Ontario Infrastructure Bank announced today in the Ontario Government's Fall Economic Statement:
- TORONTO, Nov. 2, 2023 /CNW/ - Ehren Cory, CEO, Canada Infrastructure Bank (CIB), issued the following statement in response to the creation of the Ontario Infrastructure Bank announced today in the Ontario Government's Fall Economic Statement:
"Today's announcement that the Government of Ontario will create an Ontario Infrastructure Bank (OIB) is a positive step forward in getting even more infrastructure built in the Province. - Ontario isn't alone; there are a growing number of infrastructure bank-like organizations globally that are focused on creating innovative partnerships between public and private organizations for the purpose of accelerating public-good infrastructure.
- The Canada Infrastructure Bank (CIB) is pleased to have consulted with Ontario's Ministry of Finance and the Ontario Financing Authority on our approach to accelerating Canadian infrastructure.
- We look forward to working together to build more of the infrastructure needed to get Ontario moving."