A bank for the public interest: Recommendations for the Canada Infrastructure Bank five-year review

Abstract

This report seeks to contribute to a much-needed public conversation about the purpose, track record and future of the Canada Infrastructure Bank. Published as the CIB faces its first formal review, it evaluates the bank’s work to date and highlights lessons from successful public banking models around the world. We conclude the bank has failed in fundamental ways, and that Canada has an opportunity to reclaim the CIB as a bank to serve the public interest by meeting pressing community needs while tackling the climate crisis.