Canada Launches Seventh Green Bond Issuance, $17.5 Billion Issued Since 2022
In Ottawa, Canada, the Department of Finance announced on October 7 that the Government of Canada will launch its seventh issuance of Canadian-dollar green bonds this week, including a new 10-year bond, subject to market conditions. It is the seventh transaction since the program began in March 2022.
Canada most recently issued a $2-billion 10-year green bond in February 2026. Across the six previous transactions, $17.5 billion has been issued with maturities ranging from 7 to 30 years, funding eligible environmental expenditures under the Green Bond Framework.
The department noted that Canada's sovereign bonds carry a AAA credit rating. Following the Climate Competitiveness Strategy in Budget 2025, green bonds remain one of the federal government's tools for financing clean-growth projects.
The Green Bond Allocation and Impact Report for 2024-25 was released in April 2026, detailing where proceeds went and their environmental impact. Pricing and final size of the new bond will be announced after the issuance closes.
Source: Department of Finance Canada
Published by GSM · USA (original Chinese edition)
Photo: 位于渥太华的加拿大银行总部大楼。/ The Bank of Canada headquarters in Ottawa. (Photo: Colin Rose, CC BY 2.0, via Wikimedia Commons)
