Canada Infrastructure Bank – Benefits Canada.com

Canada Infrastructure Bank names new CEO

mschmit — Fri, 30 Oct 2020 11:30:52 +0000

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 […]

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Ehren Cory appointed as new Canada Infrastructure Bank CEO

mschmit — Fri, 30 Oct 2020 06:18:30 +0000

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, […]

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Infrastructure bank to invest $10 billion in priority areas for pandemic recovery

mschmit — Fri, 02 Oct 2020 03:58:19 +0000

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 […]

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Former Caisse CEO named chair of Canada Infrastructure Bank

mschmit — Mon, 06 Apr 2020 04:14:23 +0000

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 […]

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Canada Infrastructure Bank appoints head of project development

mschmit — Wed, 07 Nov 2018 04:45:58 +0000

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. […]

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Canada Infrastructure Bank loans $1.28BN to Montreal light-rail project

mschmit — Wed, 22 Aug 2018 11:45:09 +0000

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 […]

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Former CPPIB exec named Canada Infrastructure Bank CEO

mschmit — Thu, 24 May 2018 06:30:49 +0000

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,” […]

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People Watch: New appointments at Canada Infrastructure Bank, Financial Horizons

mschmit — Wed, 25 Apr 2018 06:21:45 +0000

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 […]

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Benefits Canada’s Martha Porado wins CFA Society financial journalism award

mschmit — Thu, 22 Mar 2018 06:11:05 +0000

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 […]

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