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Canada Infrastructure Bank in talks to finance northern hydroelectric project, source says, as Ottawa drops budget hint

from National Post

The Canada Infrastructure Bank has been in talks with the proponents of a $1.2 billion hydroelectric transmission line that would supply emissions-free power to a handful of communities and two major mines in Nunavut, according to a person familiar with the discussions. Both the bank and the federal government have been in talks over the past year to help finance the Kivalliq Hydro-Fibre Link project, a little-known transmission line leading 900 kilometres from northern Manitoba to the eastern edge of the territory, said the person, who was granted anonymity due to the commercial sensitivity of the discussions. more


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