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Valley Fiber Broadband

Sector
Digital Infrastructure and AI
Region
Manitoba
Investment
$26.9 million
(Financial close)
Partner(s)
Valley Fiber Ltd., CVC DIF
Public impact(s)
~7,800 households passed

Supporting high-speed internet deployment in underserved areas

Financing will close an infrastructure gap by connecting underserved households. 

Fast facts

New internet access to approximately 7,800 households, including 4 First Nations
The CIB’s financing allows broadband connectivity to expand in unserved and underserved communities at a quicker pace
During the construction phase, up to 800 jobs will be created within Valley Fiber
Investment co-ordinated under Canada’s Universal Broadband Fund (UBF)

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 Valley Fiber Ltd. and CVC DIF to accelerate the delivery of high-speed internet projects in underserved Manitoba communities, including four First Nations.

The deployment of new, reliable broadband services through more than 1,224 km of new fibre, serviced by Valley Fiber Ltd., will improve many facets of people’s everyday life. It is an absolute necessity for Canadians to fully participate in the digital world.

Public lender(s): Canada Infrastructure Bank  

Private lender(s): Valley Fiber Ltd., CVC DIF

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 will allow for project delivery at a quicker pace and lower cost to implement.

Learn more

A sign on a lush green lawn reads “This is a Valley Fiber Home,” in front of a large, modern brick house with a driveway and garage.
Hand connecting blue and yellow network cables to switches inside a server rack, with indicator lights illuminated.
Bright day scene with a red truck, broadband construction equipment, including a fibre cable spool and service boxes, along a rural roadside. Leafless trees and a blue sky are in the background.
A small white Valley Fiber utility flag with green text stands on a dirt road, marking underground infrastructure near active broadband construction equipment, with blurred construction machinery in the background.
Valley Fiber

Valley Fiber was borne from the need for a made-in-Manitoba solution for high-speed internet connectivity in underserved areas of our province. Our business, and the hundreds of rural Manitobans we employ and contract, are a testament to what can happen when more people have access to reliable high-speed internet. It creates and sustains jobs, it boosts economies, and it improves quality of life. We are proud to expand our fibre-optic network to more Manitobans. 

Ryan Klassen, Chief Executive Officer