Jan 27, 2025 TORONTO – The Building Ontario Fund has entered into an agreement in principle with Arch Corporation (Arch) to finance four new and redeveloped long-term care homes in rural communities across the province. The homes will be located in Amherstburg, Lancaster, Prescott, and Tay Valley Township. The four long-term care homes were assessed...
January 23, 2025 TORONTO– The Building Ontario Fund has entered into an agreement in principle with The Rekai Centres to finance Rekai Centre at Cherry Place, a new not-for-profit long-term care home for 348 residents in a high-needs downtown Toronto community. Consistent with the Building Ontario Fund’s requirement to invest alongside external capital, The Rekai...
October 16, 2024 TORONTO – The Building Ontario Fund Board of Directors is pleased to announce the appointment of Michael Fedchyshyn as its inaugural Chief Executive Officer, effective November 12. Today’s announcement marks a significant step forward for the Building Ontario Fund as it advances its mandate to invest in revenue-generating infrastructure projects across the...
July 5, 2024 TORONTO – The Building Ontario Fund (BOF) is pleased to announce the appointment of Helen Bobiwash to its Board of Directors. “I am delighted to welcome Helen to the BOF Board of Directors. Her extensive experience in financial management and community engagement will deepen the Board’s capabilities as we continue to expand...
NEWS June 13, 2024 TORONTO — The Building Ontario Fund (BOF) Chair, Brian J. Porter, is pleased to welcome the appointment of Arshil Jamal and Constance L. Sugiyama to the BOF Board of Directors. These appointments represent additional steps in enhancing the governance of the arm’s-length, board-governed agency. “We are delighted to announce the appointment...
News April 22, 2024 TORONTO — The Building Ontario Fund (BOF) Chair, Brian J. Porter, is pleased to welcome the appointment of James Cowan to the BOF Board of Directors. This appointment is a further governance step in the establishment of the arm’s-length, board-governed agency. James Cowan is Vice Chair of Global Private Markets at...
2024 Budget delivering on plan to rebuild Ontario’s economy March 26, 2024 Finance Table of Contents Content Quick Facts Additional Resources TORONTO — Today, Minister of Finance Peter Bethlenfalvy released the 2024 Budget: Building a Better Ontario. Like the rest of the world, Ontario continues to face economic uncertainty due to high interest rates and global instability....
TORONTO — The Ontario Infrastructure Bank (OIB) Chair, Brian J. Porter, is pleased to welcome the appointment of Bryan Davies and Jan De Silva to the OIB Board of Directors. These appointments are further governance steps in the establishment of the arm’s-length, board-governed agency. “We are pleased to welcome Bryan and Jan to the OIB’s...
TORONTO — The Ontario Infrastructure Bank welcomes the appointment of Brian J. Porter as the inaugural chair of the board of directors. This appointment is the first governance step in the establishment of the arm’s-length, board-governed agency. A trusted leader in the global financial services sector, Mr. Porter served as President and Chief Executive Officer...
Launching the Ontario Infrastructure Bank TORONTO – As the government moves forward with its ambitious Plan to Build, it is introducing an important new tool to attract capital to help build essential infrastructure that would not otherwise get built. Ontario is launching the Ontario Infrastructure Bank, a new, arms-length, board-governed agency that will enable public-sector...
