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Xplore UBF Newfoundland

Sector(s)
Broadband
Location(s)
Newfoundland
Participation
$92 million
(Under construction)
Partner(s)
Xplore Inc.

Increased broadband access for underserved rural and remote communities

CIB financing will close an infrastructure gap by connecting underserved households.

Fast facts

Providing new internet service access to 29,800 underserved households
CIB’s financing allows broadband connectivity to expand in unserved and underserved communities at a quicker pace
Investment coordinated under Canada’s Universal Broadband Fund

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 internet service provider Xplore to accelerate the delivery of high-speed internet projects in rural communities in Newfoundland.  

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 digital world. 

Benefits of CIB 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 will allow the project delivery at a quicker pace and lower cost to implement.

Learn more

    Internet cables plugged into a receiver