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Multibillion-dollar U.S. company in talks to get loans from Canadian taxpayer-owned infrastructure bank

April 12, 2024

The CIB committed to a $655M loan and did $900k worth of due diligence before the previous owner of the project suspended and then sold it.

Source: calgaryherald.com

April 9, 2024

Lake Erie Connector project would have built a power line underneath Lake Erie, connecting Ontario to Pennsylvania.

Source: chathamdailynews.ca