The Ontario Financing Authority (OFA) was established as an agency of the Crown, on 15 November 1993, by the Capital Investment Plan Act, 1993 (the act). In accordance with the act, the OFA:
• Conducts borrowing, investment and financial risk management for the Province of Ontario.
• Manages provincial debt.
• Provides centralised financial services for the province, including banking and cash management.
• Advises ministries, Crown agencies and other public bodies on financial policies and projects.
• Assists Crown agencies and other public bodies to borrow and invest money.
• Acts at the direction of the province in lending to certain public bodies.
• Invests on behalf of some public bodies.
• With Ontario Power Generation (OPG) manages the investment activities of OPG’s Used Fuel Segregated Fund and Decommissioning Segregated Fund.
• Carries out the day-to-day operations of Ontario Electricity Financial Corporation and provides a broad range of financial services to Ontario Infrastructure and Lands Corporation.

Province of Ontario notes constitute direct, unsubordinated and unsecured obligations of the issuer. They rank equally among themselves and with all other unsubordinated and unsecured obligations of the issuer from time to time outstanding. Payments of principal and interest in respect of the notes are a charge on and payable out of the consolidated revenue fund of the issuer.

The province remains committed to the green-bond market and expects to continue to access it on an annual basis. Subject to market conditions, the province may consider issuing more than one green bond in the same fiscal year.

SUSTAINABILITY OBJECTIVE OF GSS BOND PROGRAMME
The bonds capitalise on the province’s ability to raise funds at low interest rates and serve as an important tool to help finance public-transit initiatives, extreme-weather-resistant infrastructure, and energy efficiency and conservation projects.

Ontario Financing Authority, Investor Relations
+1 416 325 8000 • This email address is being protected from spambots. You need JavaScript enabled to view it.
www.ofina.on.ca