b'TECHNOLOGYA sneaker plow installing a house drop: hundreds of households will now have high-speed internet access as part of the Arrow Technology Group projectThe bank describes itself as an impact investorwhilewith the participation of Indigenous communities. The banks most investors invest money to earn an economic return, CIBpartnership with Arrow aligns with not only one, but several invests to get positive social and economic returns that comeof its core values. from infrastructure. This project is an absolutely pristine example of the kind of CIBs investments are driven by key core values: reduce green- impact we are seeking when we put our money to work, says house gas (GHG) emissions, build infrastructure that betterEhren Cory, CIBs CEO. If you did [this project] on a purely connects Canadians, build infrastructure that better facilitatescommercial basis, by the time you built the infrastructure, trade, and invest in infrastructure that is to the benefit of andyoud have to charge the customers so darn much that none of them could afford to have internet. Cory elaborates on the benefits of impact investing over free market and profit-based investment: What I think we know is that broadband now is really a gateway to education, to health care and to commerce. The digital divide that our country faces is not just about having internet accessits about having access to educational opportunities, having access to quality health care remotely, having access to commerce Heeaattiningg, ,a airir c coonnddititioionniningg s syysstteemmss H H by the ability to buy and sell goods.Heeatat pu pummpsps HHeeaatt r reeccoovveerryy v veennttilialattoorrss MMeetteerriningg A While funding to support broadband access is available, it is Airir s saannititizizaattioionn a anndd f filitltrraattioionnSoolalarr a anndd b baatttteerryy s sttoorraaggee typically secured through a competitive, zero-sum proposalS WWaatteerr t trreeaattmmeenntt f faacciliiltitieiess S process where available funds are awarded to a handful of Saatteelliltitee i nintteerrnneett c coonnnneeccttivivitityyprojects, leaving the remaining ones unfunded. These funds Phone:604-240-7061 are typically awarded to players with previous experience in www.cleanclimatetech.ca building infrastructure, which puts remote and Indigenous communities at a further disadvantage. 40A CCAB PUBLICATION2022'