Canada plans to launch new 10-year green bond

By Robb M. Stewart OTTAWA--Canada's government is launching its seventh Canadian dollar-denominated green bond this week. The Department of Finance said the government plans to issue a new 10-year green bond, which comes on the heels of February's issuance of a 2 billion Canadian dollar (US$1.4 billion) 10-year bond. The government has committed to regular green bond issuances, which are used to fund programs aimed at growing the economy and creating jobs across the country. The green bond program was launched in early 2022 to help drive investments in renewable energy, climate action and environmental protection as part of a strategy to achieve net-zero emissions by 2050. This week's bond will add to C$17.5 billion in green bonds issued since March 2022 under six previous transactions that issued bonds with maturities ranging from seven to 30 years. Write to Robb M. Stewart at robb.stewart@wsj.com (END) Dow Jones Newswires October 07, 2026 10:48 ET (14:48 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.