(Financial close)
Supporting high-speed Fibre internet deployment in underserviced areas
Financing will close an infrastructure gap by connecting underserved households.
Fast facts
Broadband service is critical to the daily lives of Canadians. It is essential for our quality of life, connecting us to business, health care, education and to family and friends.
The CIB is collaborating with Xplore Inc. to accelerate the delivery of high-speed Fibre Internet projects in underserved Alberta communities in North Central and Southern Alberta, including the Pigeon Lake No. 138A Indigenous reserve.
The deployment of new, reliable broadband services will improve many facets of people’s everyday life. It is an absolute necessity for Canadians to fully participate in the modern world.
Benefits of the CIB’s involvement
Due to the low population density and current lack of broadband infrastructure, the cost of connection per household is very high and not commercially viable. Our innovative solution with low financing rates enables project delivery at a quicker pace and lower cost to implement.
Learn more
- Xplore Inc. - Opens in a new tab
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