Canada to launch seventh green bond issuance

The Government of Canada is launching its seventh issuance of Canadian-dollar-denominated green bonds this week, subject to market conditions. For this issuance, the government plans to issue a new 10-year green bond. This follows the February 2026 issuance of a new $2 billion 10-year bond.

October 7, 2026 - Ottawa, Ontario - Department of Finance Canada

The Government of Canada is launching its seventh issuance of Canadian-dollar-denominated green bonds this week, subject to market conditions.

For this issuance, the government plans to issue a new 10-year green bond. This follows the February 2026 issuance of a $2 billion 10-year bond.

Canada's green bond program, launched in March 2022, is advancing Canada's investments in clean growth, renewable energy, climate action, and environmental protection. Green bonds unlock private capital to speed up projects such as green infrastructure and nature conservation.

The government remains committed to regular green bond issuances. Projects funded by green bonds will grow Canada's economy and create jobs across the country. Mobilizing capital through green bonds is an important tool of Canada's strategy to achieve net-zero emissions by 2050.

The Government of Canada's green bonds will meet demand from investors seeking green investment opportunities backed by Canada's AAA credit rating, while contributing to the development of a stronger sustainable finance market both domestically and globally.

This week’s offerings will add to the $17.5 billion of Canada green bonds issued since March 2022 under six previous transactions that issued bonds with maturities from 7 to 30 years. 

Budget 2025 outlined the government’s Climate Competitiveness Strategy, creating the conditions for the investment needed to build an affordable net-zero future in which Canadian businesses are well-positioned to compete and succeed in the global economy.