Broadband service is critical to Canadians’ daily lives. It is essential for our quality of life, connecting us to business, education, and to family and friends.
The CIB and Innovation, Science and Economic Development Canada (ISED) are collaborating to encourage, jointly assess and enable large broadband projects within ISED’s Universal Broadband Fund.
Our work with ISED and Canadian Internet Service Providers (ISPs)promotes the development and funding of large broadband projects across Canada, and small to medium size projects in regions where they could have a material impact on communities.
Our low-cost, flexible financing for broadband projects connects many premises that would otherwise not be commercially viable. These investments will be made alongside contributions from ISED (and potentially provincial programs), private capital from ISPs and private investors to connect Canadians.