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Green Bonds Raise $2.5 Billion

Canada priced $2.5 billion in green bonds, including $1 billion in a new 30-year bond and $1.5 billion reopening a 7-year bond.

Department of Finance Canada said the federal government priced $2.5 billion in Canadian-dollar green bonds.

The issuance included $1 billion in a new 30-year green bond and a $1.5 billion reopening of the 7-year green bond issued in February 2025.

Finance Canada said environmentally and socially responsible investors represented 86 per cent of buyers for the new 30-year bond, with a final order book of more than $1.9 billion.

For the reopened 7-year bond, environmentally and socially responsible investors represented 31 per cent of buyers, and the order book exceeded $3.6 billion.

The offerings increased Canada's total green bond issuance since March 2022 to $15.5 billion.

Finance Canada said this was the government's first 30-year green bond offering.

Canada's updated Green Bond Framework, released in November 2023, includes certain nuclear energy expenditures.

Green bonds do not create a tax credit for investors. Their public-finance role is to raise federal borrowing for eligible green expenditures and to provide a sovereign benchmark for Canada's sustainable-finance market.

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Filed under Economy. Source type: primary official material.

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