Once all retrofits are complete, it is estimated that approximately 44,000 tonnes of greenhouse gas emissions will be reduced per year.

The Canada Infrastructure Bank announced a new loan agreement with the First Nations Bank of Canada to support new infrastructure in First Nations, Métis, and Inuit communities.

Canada Infrastructure Bank is opening another avenue for small and mid-sized landlords to obtain low-cost financing for decarbonization projects.

Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.

The new online reference hub has been designed to steer businesses, not-for-profit groups and municipalities to applicable funding options.

Dream has secured investor ready energy efficiency (IREE) certification for 366 Bay Street, Toronto, in keeping with requirements of the Canada Infrastructure Bank building retrofits initiative.

For public partners, P3s are a means to transfer risk. For the private sector, infrastructure’s recession-proof profile dovetails with expectations for a prolonged building spree.

Efficiency Capital, an offshoot of The Atmospheric Fund, will serve as a retrofit aggregator for Canada Infrastructure Bank’s $2-billion Commercial Building Retrofit Initiative.

The buildings range from boutique historical buildings to downtown high-rises, with the oldest dating back to 1908.

The Dream group of companies has obtained $136.6 million in financing from Canada Infrastructure Bank’s commercial buildings retrofit program, aligned with a 2035 target for a net-zero portfolio.

Retrofit proponents unable to contribute at least $6.25 million in equity capital will have to look to third-party interveners in order to tap into the Canada Infrastructure Bank’s $2-billion fund for commercial buildings.

Tamara Vrooman brings leadership experience in the private and public sectors to her new role as chair of the Canada Infrastructure Bank.

Tamara Vrooman has been appointed as the new chair of the Canada Infrastructure Bank (CIB), replacing former chair Michael Sabia.

A promised $2 billion investment in large-scale building retrofits will be central to the Canadian government’s job creation ambitions. Energy efficiency champions have plenty of ideas of how and where the funds could be best leveraged.

The federal government announced the Canada Infrastructure Bank will spend $10 billion in new major infrastructure initiatives.