The Government of Canada successfully priced its sixth issuance of a Canadian-dollar-denominated green bond, raising $2 billion in a new 10-year offering. The issuance saw robust demand from environmentally and socially responsible investors, who represented a majority of buyers at 59 per cent. The final order book stood at over $3.4 billion, representing 1.7 times oversubscription.

This offering increases the total amount of green bonds issued by the Government of Canada since March 2022 to $17.5 billion. It follows the October 2025 issuance of a new $1 billion 30-year bond and the $1.5 billion re-opening of the 7-year bond first issued in February 2025, both of which saw robust demand.

On November 21, 2023, the Government of Canada released an updated Green Bond Framework that includes certain nuclear energy expenditures, and Canada is the first sovereign borrower to issue a green bond including certain nuclear expenditures. Green bonds unlock private capital to speed up projects such as green infrastructure and nature conservation.