QSA's Week in Finance (#4, 2025)
Canada Infrastructure Bank re-appointment; Yukon funding for private investments; Income Tax Act update; Interest rate and mortgage impacts.
Start Date: 2025-01-25
End Date: 2025-01-31
Top Headlines
Main Stories
Re-appointment to Canada Infrastructure Bank Board
The Government of Canada has announced the re-appointment of Bruno Guilmette to the Board of Directors of the Canada Infrastructure Bank (CIB) for a two-year term. Guilmette, currently Executive Vice President and CFO at Boralex, brings extensive experience in capital markets and infrastructure finance. This decision reflects CIB's ongoing efforts to leverage private sector investment for public infrastructure projects, aiming to boost economic growth and support housing infrastructure initiatives across Canada. As a Crown corporation, CIB operates under an independent board and remains accountable to Parliament, with its projects contributing to sustainable economic outcomes.
Sources: Announcements: www.canada.ca, Announcements: www.canada.ca
Funding Support for Yukon Private Investment
The Governments of Canada and Yukon announced a joint contribution of up to $558,800 over three years to support the Yukon Venture Angels' Private Capital Ecosystem Development Project. This initiative aims to create an angel investor ecosystem in Yukon, providing local entrepreneurs with financial backing, mentorship, and strategic guidance. The funding aligns with CanNor's priority to support SME growth and foster economic development in northern communities.
Sources: Announcements: www.canada.ca
