News

Leech named Special Advisor for Canada Infrastructure Bank

By ReNew Canada 08:19AM February 10, 2017

61


0


Read Later

Prime Minister Justin Trudeau has announced that Jim Leech will be serving as Special Advisor on the Canada Infrastructure Bank.

“Mr. Leech brings with him immense knowledge and experience, and I am confident that he will help ensure a smooth and successful launch of the Canada Infrastructure Bank,” said Prime Minister Trudeau. “This is about making sure our public dollars go farther and are used smarter, as we make historic investments in infrastructure to create middle class jobs today and sustained economic growth for years to come.”

Mr. Leech will work in collaboration with the Privy Council Office, the Minister of Infrastructure and Communities, and the Minister of Finance to expedite the swift and successful creation of the Canada Infrastructure Bank. He will guide an implementation team, engage with stakeholders, provide strategic advice on the way forward, and help oversee an open and transparent process to recruit board members for the Canada Infrastructure Bank.

The Canada Infrastructure Bank will be responsible for investing at least $35 billion from the federal government into large infrastructure projects that contribute to economic growth through a broad range of financial instruments including loans and equity investments. Part of this amount – $15 billion – will come from the funding announced for infrastructure in the Fall Economic Statement.

Suggested News Articles

Atlantic Canada, NewsJan. 10, 2018
Read Later

New Brunswick commits $670 million for bridge infrastructure

The Government of New Brunswick is investing $670 million in bridge restoration and construction around the province over the next five years. “Through our multi-year economic growth plan, we are…
National, NewsDec. 15, 2017
Read Later

Guilmette named interim CIO at Canada Infrastructure Bank

The Canada Infrastructure Bank has welcomed Bruno Guilmette as interim Chief Investment Officer (CIO). "The Board recognized the need to move quickly and Bruno Guilmette agreed to start the build…
News, Western CanadaDec. 11, 2017
Read Later

Site C construction to continue

The British Columbia government will complete construction of the Site C hydroelectric dam, saying that to do otherwise would put British Columbians on the hook for an immediate and unavoidable…

Comments

0