Advancing the electrification of Calgarys bus fleet
Fast facts
The CIB is helping the City of Calgary transition its bus fleet from diesel to zero-emission electric buses (ZEB), offering residents a cleaner commuting option. Moving to a fleet of ZEBs supports the City of Calgary’s corporate emission-reduction goals outlined in their 2022 Calgary Climate Strategy, to achieve net-zero emissions by 2050.
Our investment will finance the procurement of 259 zero-emission buses.
Benefits of CIB’s Involvement
Our Zero-Emission Bus Initiative assists transit agencies and school boards in transitioning their fleets to modern, environmentally friendly vehicles. Our financing can cover a portion of the higher upfront capital cost of ZEBs compared to diesel buses, helping accelerate the electrification of Calgary Transit’s bus fleet.
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Diesel buses will be replaced by electric buses.