Start Date: 2025-02-15
End Date: 2025-02-21

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Canada to Issue Third Green Bond

The Government of Canada plans to issue its third Canadian-dollar-denominated green bond this week, aiming to meet its green bond issuance target for fiscal year 2024-25. The bond issuance follows the success of previous green bonds, which collectively raised $6 billion and met with strong investor demand. This initiative, under Canada's updated Green Bond Framework, marks Canada as the first sovereign borrower to include nuclear expenditures in a green bond. The bonds are designed to bolster sustainable finance and renewable energy projects.

Sources: Announcements: www.canada.ca

MP Hanley Announces Climate Resiliency Funding in Yukon

Dr. Brendan Hanley, MP for Yukon, announced $62,500 in funding for the Old Crow Retail Cooperative Ltd. to enhance energy efficiency and climate resilience in the community. The funding will support the installation of a heat pump to reduce food spoilage and costs, and stabilize infrastructure affected by climate change. This aligns with CanNor's priorities to foster economic growth and build climate-resistant infrastructure in the North.

Sources: Announcements: www.canada.ca