Overview
- The Parliamentary Budget Officer projects the CIB will disburse $14.9 billion by 2027-28, less than half of its $35 billion federal endowment.
- All five of the bank’s priority sectors remain off track to meet their designated funding targets over the next three years.
- The bank has already delivered the full $1 billion allocated for Indigenous-led infrastructure projects.
- In recent years private investors have contributed 48 percent of co-funding, nearly matching the 52 percent share from public partners.
- Lawmakers and industry groups question the CIB’s $1 billion financing deal for BC Ferries’ purchase of Chinese-built vessels.