Government of Canada

Unverified
XFID Unique Identifier for Government of Canada: XOHESEV6VR
Country
Canada
Sector
Sovereign
Website
www.canada.ca
4 Second Party Opinions
1 Impact Report
1 Framework
XFID Type Title Year Source Retrieved
XF-5LBJ6DZ-2 Impact Report Government of Canada Green Bond Allocation and Impact Report 2023-24 2023 www.canada.ca 31 Mar 2026
XF-2WKC32C-D Framework Government of Canada Green Bond Framework 2024 www.canada.ca 31 Mar 2026
XF-8IGDY7T-S Second Party Opinion Government of Canada Green Bond Framework Second Party Opinion (2022) (English) 2022 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-W1NX2ON-L Second Party Opinion Government of Canada Green Bond Framework Second-Party Opinion (2023) (French) 2023 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-D40AZ7U-R Second Party Opinion Government of Canada Green Bond Framework Second-Party Opinion (2023) 2023 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-J8WU2EX-F Second Party Opinion Government of Canada Green Bond Framework Second Party Opinion (2022) (French) 2022 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026

Press Coverage (1)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 6 documents in the XframeworkID registry

NACE O Public Administration & Defence

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Government of Canada, Canada FRAMEWORK 2024
Issuer sector/industry classification
Public Administration & Defence FRAMEWORK 2024
Issuer organizational structure
Sovereign FRAMEWORK 2024
Issuer type
Sovereign government FRAMEWORK 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Government of Canada Green Bond Framework FRAMEWORK 2024
Bond types covered under framework
Green bonds FRAMEWORK 2024
Eligible use-of-proceeds categories
Clean Transportation; Living Natural Resources & Land Use; Energy Efficiency; Terrestrial & Aquatic Biodiversity; Clean Energy; Climate Change Adaptation; Sustainable Water & Wastewater Management; Circular Economy Adapted Products, Production, Technologies and Processes; Pollution Prevention & Control SPO 2023
Project evaluation and selection process description
The Interdepartmental Green Bonds Committee will be responsible for identifying and evaluating eligible projects to be financed under the Framework. Canada has processes in place to identify and mitigate common environmental and social risks associated with the eligible projects. SPO 2023
Management of proceeds approach
Department of Finance will oversee the allocation and ongoing monitoring of proceeds via a virtual register. Pending full allocation, proceeds will be managed according to the Government's cash management policy outlined in the Funds Management Governance Framework. SPO 2023
Reporting commitments under framework
Annual reporting on allocation and impact of proceeds until full allocation on Government website. Allocation reporting may include breakdown of proceeds according to project category and type. SPO 2023
Financing timeline
Full allocation of bond proceeds intended within two fiscal years following the fiscal year of each issuance SPO 2023
Temporary investment of unallocated proceeds
Pending full allocation, proceeds will be managed according to the Government's cash management policy outlined in the Funds Management Governance Framework SPO 2023

External Review & Verification

Second Party Opinion provider name and assessment date
Sustainalytics, November 2, 2023 SPO 2023
SPO preliminary evaluation or credibility rating
Credible and impactful; aligns with four core components of Green Bond Principles 2021 SPO 2023
Pre-issuance or post-issuance verification type
Pre-issuance SPO 2023

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Green Bond Principles 2021 SPO 2023
Alignment with UN Sustainable Development Goals
SDGs 6, 7, 9, 11, 12, 13, 14, 15 SPO 2023

Issuance Details

Bond instrument type
Green bond FRAMEWORK 2024

Proceeds Allocation & Reporting

Annual allocation reporting period
Annual reporting until full allocation SPO 2023
Fund tracking and management system
Virtual register maintained by Department of Finance SPO 2023

Changes Over Time

Items where disclosed information changed across documents.

Eligible use-of-proceeds categories
2022 Clean transportation, Living natural resources and land use, Energy efficiency, Terrestrial and aquatic biodiversity, Renewable energy, Climate change adaptation, Sustainable water and wastewater management, Circular economy products/production/technologies/processes, Pollution prevention and control
2023 Climate change mitigation, adaptation and climate resilience, biodiversity protection, waste management
2023 Clean Transportation; Living Natural Resources & Land Use; Energy Efficiency; Terrestrial & Aquatic Biodiversity; Clean Energy; Climate Change Adaptation; Sustainable Water & Wastewater Management; Circular Economy Adapted Products, Production, Technologies and Processes; Pollution Prevention & Control
2024 Eligible Green Expenditures (details incomplete in excerpt)
Project evaluation and selection process description
2022 Interministerial Green Bonds Committee responsible for identification and evaluation of eligible projects
2023 Interdepartmental Green Bonds Committee responsible for identifying and evaluating eligible projects; processes in place to identify and mitigate common environmental and social risks
SPO preliminary evaluation or credibility rating
2022 Credible and impactful
2023 Framework is credible and impactful
Pre-issuance or post-issuance verification type
2022 Pre-issuance
2023 Pre-issuance verification
Alignment with UN Sustainable Development Goals
2022 Advances UN SDGs 6, 7, 9, 11, 12, 13, 14, and 15
2023 SDGs 6, 7, 9, 11, 12, 13, 14, and 15