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Jan 22, 2023
Alberta estimates about 489,000 Albertans living in 201,000 households lack access to federal target speeds of 50 megabits per second (Mbps) downloads and 10 Mbps for uploads
An $8.1 million financing deal between the Canada Infrastructure Bank and an Alberta First Nation-led company will help connect an estimated 24 Alberta communities to new high-speed internet infrastructure.
In a Thursday news release, the Canada Infrastructure Bank (CIB) said construction has already begun to connect underserved households in 20 Indigenous and four rural communities to the new internet service. The agreement is part of the its Indigenous Community Infrastructure Initiative, which offers loans to Indigenous infrastructure projects.
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