Sector(s)
Broadband
Location(s)
Ontario
Participation
$1.3 billion
Partner(s)
Innovation, Science and Economic Development Canada
The CIB is collaborating with internet service providers, provincial and federal governments to accelerate the delivery of large-scale broadband projects in Canada
The CIB’s financing, in addition to grant funding announced by the Province of Ontario and Government of Canada, targets better connectivity for almost 200,000 households in underserved Ontario communities.
Fast facts
Deliver fast and reliable broadband service to underserved regions
Support all communities economically, in health care, education, emergency services and more
The communities which will benefit from new broadband connectivity will be announced when investment agreements are finalized in the coming months.
Benefits of CIB Involvement
Due to the low population density and current lack of broadband infrastructure in rural Ontario, the cost of connection per household is very high. The CIB’s low financing rates will allow broadband connectivity to expand at a quicker pace and lower cost to implement.
Learn more
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