(Financial close)
Increased broadband access for underserved communities
The network will be capable of providing internet speeds of up to 1.5 Gbps.
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 communications technology company TELUS to accelerate the delivery of high-speed internet projects in Indigenous and rural communities in British Columbia.
Our concessional financing will allow broadband connectivity to expand at a quicker pace while enabling Indigenous and rural customers to benefit from the same services as urban counterparts.
The deployment of new, reliable broadband services will improve many facets of people’s everyday life. It is an absolute necessity for everyone in Canada to fully participate in the digital world.
Public lender(s): Canada Infrastructure Bank, Innovation, Science and Economic Development Canada, Province of British Columbia
Private lender(s): TELUS
Benefits of the CIB’s involvement
Due to the low population density and current lack of broadband infrastructure in remote areas, the cost of connection per household is very high and not commercially viable. Our innovative solution with low financing rates will allow these projects to be delivered more quickly and at a lower cost.
Learn more
Disclaimer: The Canada Infrastructure Bank (CIB) in its sole and absolute discretion may choose to make available amendments, revisions, modifications, or replacements to this website. This page will remain open for further revision, modification, replacement or cancellation by the CIB at any time and in no event shall the CIB be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on the content of this website. Images courtesy of TELUS.




