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The Canada Infrastructure Bank: Charging Ahead

Candice Chow, Gal Raz, Romel Mostafa, Scott Loveland

Product #:W46148
Supplier:Ivey
Discipline:Economics & Public Policy, Sustainability
Setting:Canada, 2022
Details:Case (PDF) • 9 pages • 2025-10-10 (Rev: 2026-04-27)

Subjects:

Public-private partnershipsImpact investing

Industries:

Transportation and distribution

Geography:

CanadaNorth America
Your Price:$9.71

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In May 2022, Melissa Chow, director of investments at the Canada Infrastructure Bank, reviewed a funding proposal from ZAP, a Canadian EV charging company aiming to install 2,000 public chargers nationwide. With national zero-emission vehicle targets looming, the deployment of reliable, accessible charging infrastructure had become urgent. Chow faced a decision: how should the CIB structure a deal to accelerate the buildout of EV charging networks while aligning with public policy goals, attracting private capital, and ensuring long-term impact?

The Ivey Business School gratefully acknowledges the generous support of Pierre Lapointe, MBA ’83, in the development of this case.

Learning Objectives

The case explores the challenges of structuring public investment to support emerging EV charging infrastructure while developing sustainable business models that could attract private capital and fulfill public policy objectives. This case can be used in strategy, sustainability, public policy, and finance courses or modules at the undergraduate and graduate levels, as well as in executive education programs. After working through the case and assignment questions, students should be able to do the following:
  • Analyze how Crown corporations address market failures to drive infrastructure development.
  • Evaluate how multi-stakeholder partnerships affect strategic decision-making.
  • Assess the financial feasibility of large-scale infrastructure plans with varying access to capital structures.
  • Develop strategic recommendations for infrastructure growth that integrate public policy and market dynamics.
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Case Study: The Canada Infrastructure Bank: Charging Ahead (English version) | Ivey Publishing