The Canada Infrastructure Bank is appointing Ehren Cory as chief executive officer. In the new role, Cory’s first priorities will include implementing the bank’s $10-billion growth plan and drawing more private capital to the Canadian infrastructure market. He most recently served as CEO of Infrastructure Ontario, a role he held since 2017, after previously serving as president of the organization’s […]
The Canada Infrastructure Bank has appointed Ehren Cory as its new chief executive officer. Cory previously served as Infrastructure Ontario’s president and chief executive and prior to that, was a partner at McKinsey and Company. The ministry of infrastructure and communities says Cory was selected because of his experience and background in dealing with financing, […]
The Liberal government is promising to finally spend $10 billion that has sat in the accounts of its infrastructure financing agency for years, hoping to create thousands of post-pandemic jobs. Prime Minister Justin Trudeau said the three-year plan would create 60,000 jobs by expanding access to high-speed internet, building out agricultural irrigation infrastructure in western […]
The federal government is shaking up the people in the top spots at the Canada Infrastructure Bank, including saying goodbye to the chief executive and installing a new board chair. Out is Pierre Lavallee, the first CEO of the infrastructure financing agency that the Liberals created two years ago. In as the new board chair […]
The Canada Infrastructure Bank has named François Lecavalier as head of project development, effective Dec. 3, 2018. Lecavalier will head up a team responsible for advising public proponents of infrastructure projects, incubating new projects, building and maintaining a national inventory of new infrastructure projects and arranging global best practices on the development of new infrastructure. […]
The Caisse de dépôt et placement du Québec’s subsidiary CDPQ Infra has reached an agreement with the Canada Infrastructure Bank for the latter to invest in Montreal’s Réseau express métropolitain light-rail project. The investment comes to $1.28 billion and completes the project’s $6.3-billion financing. “We are pleased to participate in the funding of this important public […]
The Canada Infrastructure Bank has found its inaugural chief executive officer in Pierre Lavallée, a former senior executive at the Canada Pension Plan Investment Board. “With an exceptional combination of investment and public-sector expertise, Pierre is well placed to set the strategic course and direction of Canada Infrastructure Bank and develop a high-performing management team,” […]
The Canada Infrastructure Bank has appointed Annie Ropar as its chief financial officer and chief administrative officer, effective June 1. In her duties as chief financial officer, Ropar will handle financial oversight of the bank’s activities, including implementation of key finance processes and controls, assessing performance and developing the framework for enterprise risk management. In […]
Benefits Canada‘s Martha Porado was among the winners at the CFA Society Toronto’s 2018 Financial Journalism Awards on Wednesday. Porado, an associate editor at Benefits Canada, won the Spirit of the Future of Finance award for her November 2017 story about the new Canada Infrastructure Bank. Read: 2017 Top 40 Money Managers Report: A look at the […]