Water System Pioneer Bill Gianelli Dies at 101

摘要

The Canada Infrastructure Bank, launched to supercharge a $134-billion, decade-long revamp of the country's infrastructure, is getting its own overhaul. After two years and few infrastructure financing deals to leverage its $25 billion in public seed funds and planned private investment, the Trudeau government announced a leadership shake-up. Pierre Lavallee, the bank's first CEO, named in 2018, has stepped down. Canada infrastructure minister Catherine McKenna, who oversees the bank, said the government named as its board chairman Michael Sabia, a Canada finance heavyweight who is former CEO of Canadian pension fund giant Caisse de depot et placement du Quebec. Me replaces Janice Fukakusa, a former finance executive who announced plans to leave several months ago.