CIB to launch new fund for Indigenous communities
Date
March 30, 2021
Type
Funds & Investments
Subtype
New fund announced
Countries
Canada
Subsectors
Road
Renewables
Water
Industrial
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Canada Infrastructure Bank (CIB) has announced plans to launch a fund focused on raising new investments to reduce the infrastructure gap in Indigenous communities. The initiative is expected to raise CAD1 billion (US$798 million) for the infrastructure needs of First Nation, Inuit and Metis communities.
