On February 13, 2020, the ministère des Finances du Québec (the “ministère des Finances”) completed its fifth issue of Green Bonds, valued at CA$500 million, for the financing of a clean transportation initiative. Its transaction closely follows its successful completion of a global bond issuance, valued at US$2.5 billion, on February 11, 2020.
The ministère des Finances, through its contribution to the responsible, rigorous management of public finances, supports the Minister by elaborating and proposing economic, fiscal, budgetary and financial policies. It also elaborates and proposes financial assistance and tax incentive measures to promote and support growth in the economy, investment, and employment.
Miller Thomson advised the ministère des Finances with respect to both transactions with a team led by Bernard Blouin, Bruno Caron (Capital Markets & Securities) and Nathalie Marchand (Tax).