October 8, 2025 – Ottawa, Ontario – Department of Finance Canada

The Government of Canada is launching its fifth issuance of Canadian-dollar-denominated green bonds this week, subject to market conditions.

Green bonds unlock private financing to speed up projects such as green infrastructure and nature conservation. Projects funded by green bonds will grow Canada’s economy and create jobs across the country. Mobilizing capital through green bonds is an important tool of Canada’s strategy to achieve net-zero emissions by 2050.

For this issuance, the government plans to issue a new 30-year green bond accompanied by a re-opening of the 7-year bond that was issued in February 2025, which saw robust demand and a final order book of over $3.1 billion.

Canada’s green bond program, launched in March 2022, is supporting the growth of the sustainable finance market in Canada, and around the world, and advancing Canada’s investments in clean growth, renewable energy, climate action, and environmental protection.

The Government of Canada’s green bonds will meet demand from investors seeking green investment opportunities backed by Canada’s AAA credit rating, while contributing to the development of a stronger sustainable finance market in Canada.