The Big Read

The $35B man: Critics have written off the embattled Canada Infrastructure Bank as ineffectual at best, and a Liberal slush fund at worst. Can new CEO Ehren Cory turn it around?

Illustration by Hanna Lee/The Logic

MONTREAL — Ehren Cory, the man overseeing one of the biggest infrastructure investments in Canada’s history, grew up in the Northern Ontario community of Coleman Township. A precocious kid, Cory finished five years of high school at New Liskeard Secondary in four. He also skied, did track and field, played tennis, ping pong, basketball and golf, and won two Ontario provincial badminton championships. “We knew he was going to go somewhere; we just didn’t know where,” said Chuck Durrant, Cory’s longtime friend who operates the Pantry Bulk Food Store with his wife in Temiskaming Shores.

Mystery solved: last October, Cory was appointed CEO of the Canada Infrastructure Bank (CIB), the Crown corporation seeded with $35 billion in government money.

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