Canada Infrastructure Bank slow to spend its $35-billion capital endowment: PBO

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Open this photo in gallery: The Canada Infrastructure Bank has funding budgets for five priority sectors, including green infrastructure and clean power.Andrew Vaughan/The Canadian Press A federal Crown corporation tasked with investing in revenue-generating infrastructure projects is not on track to use up its capital endowment in the coming years, according to a new report. The Parliamentary Budget Officer estimates that the Canada Infrastructure Bank will disburse $14.9-billion by 2027-28, well below the $35-billion of capital it was given by the federal government. Meanwhile, it has already spent $1-billion on Indigenous investments, which was the amount of funding it was...