Government of Canada announces Inaugural Board of Directors for the Canada Infrastructure Bank
Ottawa, Ontario, November 16, 2017—The Government of Canada is making investments that will help create well-paying jobs and grow the middle class now, while building a strong foundation for a sustainable economic future. As part of the Government’s historic Investing in Canada infrastructure plan, the Canada Infrastructure Bank is an additional tool for provincial, territorial, municipal and Indigenous partners to finance the infrastructure needed to strengthen Canadian communities.
Today, the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, announced that 10 professionals have been appointed as the Board of Directors of the Canada Infrastructure Bank. Their appointments were made following an open, transparent, and merit-based selection process that attracted a range of talented and experienced candidates that reflect Canada’s linguistic, cultural, and regional diversity. The Board members are:
- Kimberly Baird
- Jane Bird
- Dave Bronconnier
- James Cherry
- Michèle Colpron
- Bruno Guilmette
- Christopher Hickman
- Poonam Puri
- Stephen Smith
- Patricia Youzwa
As an arm’s length Crown corporation, the Canada Infrastructure Bank is governed by its independent Board of Directors. The Board is responsible for the governance and oversight that will enable the Canada Infrastructure Bank to successfully deliver on its mandate. The Board is led by Janice Fukakusa, who was appointed Chairperson in July 2017.
“The appointment of the Board of Directors is another important milestone towards the Canada Infrastructure Bank becoming operational. The range of expertise and experience that these directors bring is invaluable to the success of the Bank and to the investments that it will make in Canadian communities, which will create good jobs across the country.”
The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities
The Canada Infrastructure Bank will invest $35 billion from the federal government to build more infrastructure in communities across Canada.
As a Crown corporation, the Bank will operate at arms-length from the government and will work with provincial, territorial, municipal, and Indigenous partners to attract private investors to new revenue-generating infrastructure projects that are in the public interest.
Following the Government of Canada’s new approach to appointments, these selection processes were designed to attract highly qualified individuals, while taking into consideration the desire to achieve gender parity and to reflect Canada’s linguistic, cultural, and regional diversity.
Office of the Minister of Infrastructure and Communities
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