The Government of Canada successfully priced its fifth issuance of Canadian-dollar-denominated green bonds, including $1 billion in a new 30-year bond and a $1.5 billion re-opening of its 7-year bond issued in February 2025.

The issuance of a 30-year bond saw robust demand from environmentally and socially responsible investors who represented a strong majority of buyers (86 per cent). The final order book stood at over $1.9 billion. For the re-opened 7-year bond, environmentally and socially responsible investors made up 31 per cent of buyers, and the order book stood at over $3.6 billion. To date, 46 per cent of Canada’s 7-year green bond has been placed with environmentally and socially responsible investors at time of issuance, including the previous issuance in February 2025.

Government of Canada green bond issuances support Canada’s sustainable finance market by providing a sovereign benchmark for the rest of the market, and high-quality environmental, social, and governance (ESG) assets for investors, backed by Canada’s AAA credit rating. Green bonds unlock private financing to speed up projects such as green infrastructure and nature conservation.