Canada successfully prices seventh green bond issuance, raising $2 billion

This week, the Government of Canada successfully priced its seventh issuance of Canadian-dollar-denominated green bonds, raising $2 billion in a new 10-year offering. This issuance saw robust demand from investors, with environmentally and socially responsible investors representing a significant share of buyers (44 per cent). The final order book stood at over $3.6 billion.

October 9, 2026 - Ottawa, Ontario - Department of Finance Canada

This week, the Government of Canada successfully priced its seventh issuance of Canadian-dollar-denominated green bonds, raising $2 billion in a new 10-year offering.

This issuance saw robust demand from investors, with environmentally and socially responsible investors representing a significant share of buyers (44 per cent). The final order book stood at over $3.6 billion.

Government of Canada green bond issuances support the growth of Canada’s sustainable finance market by providing a sovereign benchmark for other issuers and high-quality green investment opportunities backed by Canada’s AAA credit rating.

Green bonds unlock private capital to speed up projects such as green infrastructure and nature conservation. These investments support economic growth, create jobs, and help build a cleaner and more resilient Canadian economy.

The strong investor appetite for this issuance reflects Canada’s strong economic and fiscal management, AAA credit rating and commitments to fight climate change and protect the environment.

This week’s offering increases the total amount of green bonds issued by the Government of Canada since March 2022 to $19.5 billion.