Canada Initiates Selection for Infrastructure Bank Board

Infrastructure Canada

Today, the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, announced that a selection process is underway for Board of Director positions at the Canada Infrastructure Bank (CIB).

The Government of Canada is seeking applications from qualified, diverse, and talented individuals to fill these positions through an open, transparent, and merit-based selection process. Interested candidates are encouraged to apply prior to November 29th, 2023.

The Government is committed to open and transparent processes for selecting Governor in Council appointees, to help strengthen trust in Canada's democracy and ensure the integrity of its public institutions.

This process encourages applications from individuals with leadership experience at the senior executive level in a private or public sector organization; experience serving on a board of directors; experience at the senior level in a relevant field, such as infrastructure, finance, government, public policy or public engagement. Experience with public-private partnerships or complex financing, executive compensation and incentive management, and risk assessment and management practices would be considered assets.

Enabling strong governance of the CIB by ensuring the CIB's Board of Directors continues to possess an appropriate mix of diverse skills and experience is consistent with the findings of the Legislative Review of the Canada Infrastructure Bank Act.

The Notice of Appointment Opportunity is published and applications for this opportunity can be submitted through the Government of Canada's Governor in Council appointments website.

The last director selection process for directors was conducted in March 2021, and the selection committee received numerous candidate submissions for review. Candidates who previously submitted applications in 2021 will need to resubmit their application by the selection review date indicated above to be considered for the current appointment opportunity. A roster of qualified candidates may be established and may be used with respect to future vacancies on the CIB's Board of Directors.

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