Canada plans seventh green-bond issue with new 10-year term

The federal government plans to launch its seventh Canadian-dollar green-bond issue this week, subject to market conditions.

Finance Canada said on October 7 that the new bond will have a 10-year term. The department did not announce the issue size or final pricing in its initial notice.

Ottawa’s previous green-bond transaction was a $2-billion, 10-year issue in February 2026. The government says it has issued $17.5 billion in green bonds through six transactions since the program began in March 2022.

Proceeds are allocated under Canada’s Green Bond Framework to eligible environmental expenditures. Certain nuclear-energy expenditures have been eligible since the framework was updated in 2023. The planned transaction remains conditional until the government completes the offering.

Source: Department of Finance Canada, notice published October 7, 2026.

Featured image: Karsten Würth / Unsplash, under the Unsplash Licence. Illustrative wind-energy photo; resized for publication.