Ontario proposing additional $5BN to infrastructure bank, enhancing support for Indigenous projects – Benefits Canada.com
May 16, 2025
In its 2025 budget on Thursday, the Ontario government proposed an additional $5 billion in funding to a provincial infrastructure bank that leverages public sector pension investments.
The Building Ontario Fund, which was announced in the province’s 2023 fall economic statement, supports the development of new long‐term care homes, energy infrastructure, affordable housing, municipal and community infrastructure and transportation.
“The [fund] was established to partner with trusted Canadian institutional investors to help unlock infrastructure projects in priority areas of energy, affordable housing, long-term care, municipal and Indigenous community infrastructure and transportation,” said the document.
