Vancouver: The Canada government will launch its sixth issuance of Canadian-dollar-denominated green bonds this week, subject to market conditions.
This week’s offerings will add to the $15.5 billion of Canada green bonds issued since March 2022 under five previous transactions that issued bonds with maturities from 7 to 30 years. For this issuance, the government plans to issue a new 10-year green bond. This follows the October 2025 issuance of a new $1 billion 30-year bond and the $1.5 billion re-opening of the 7-year bond that was first issued in February 2025, both of which saw robust demand.
In June 2025, the government released the Green Bond Allocation and Impact Report 2023-24. Canada releases allocation and impact reports for investors and interested parties on an annual basis until full allocation of the net proceeds is achieved. These allocation reports detail the green eligible expenditures funded with the proceeds of each bond, while impact reports outline the environmental benefits of the expenditures and related social impacts where data is available.
Canada’s green bond program, launched in March 2022, is advancing Canada’s investments in clean growth, renewable energy, climate action, and environmental protection. Green bonds unlock private capital to speed up projects such as green infrastructure and nature conservation.
The government remains committed to regular green bond issuances. 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.
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 both domestically and globally.