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Venture Too Risky For Banks

Nova Scotia wind farm run by friends of Liberal Party required $206 million in public financing since no private lender would touch it


-- BLACKLOCK Reporter & Holly Doan

A Nova Scotia wind farm run by friends of the Liberal Party required $206 million in public financing since no private lender would touch it, says the CEO of the Canada Infrastructure Bank. Ehren Cory said the costly venture was deemed too risky: “Private lenders alone were unwilling to provide the required financing.” ---More...


CEO of Canada Infrastructure Bank Canada Infrastructure Bank (CIB). Ehren Cory said costly venture was deemed too risky.


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