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The Building Ontario Fund Board of Directors announced the appointment of Michael Fedchyshyn as its inaugural Chief Executive Officer, effective November 12.
The announcement marks a significant step forward for the Building Ontario Fund as it advances its mandate to invest in revenue-generating infrastructure projects across the province.
Fedchyshyn brings more than 20 years of leadership experience in strategic corporate development, infrastructure investing, structured finance, and public-private contracting. He joins the Building Ontario Fund from Invest Ontario, where he served as Interim CEO, driving high-impact investments in alignment with the province’s long-term economic priorities. Prior to his time at Invest Ontario, he held senior leadership positions at Infrastructure Ontario where he led the creation of the Transit Oriented Communities program and other priority initiatives.
Prior to joining the public sector, Fedchyshyn’s career spanned private equity, renewable energy development, project finance, and management consulting. He holds a doctorate in Neuroscience from the University of Toronto.
“Michael has an impressive track record of supporting infrastructure development and project finance in both the public and private sectors,” said Brian Porter, chair of the Board. “His expertise will be a tremendous asset as the Building Ontario Fund moves quickly to begin financing critical infrastructure across the province. Moreover, Michael’s commitment to fostering collaborative and inclusive teams will be instrumental in successfully moving the organization forward. On behalf of the Board, I want to welcome Michael to the team and look forward to working with him.”
“I am deeply honoured to join the Building Ontario Fund to help advance infrastructure development within the province and thank the Board for their confidence in my leadership,” said Fedchyshyn. “As a proud Ontarian, I am thrilled to have the opportunity to support investors with new financing tools to help build critical infrastructure that will benefit our province for generations to come.”
“I am pleased with the Board of Directors’ decision to appoint Michael Fedchyshyn as the Building Ontario Fund’s inaugural CEO,” said Peter Bethlenfalvy, Minister of Finance for Ontario. “This is an important step for Ontario’s future as our government’s Plan to Build continues to deliver the critical infrastructure projects that our growing economy needs.”
The Building Ontario Fund will facilitate the development of critical infrastructure across the province by providing financing and advisory services to public sector pension plans, other trusted institutional investors and Indigenous communities. To address the province’s most immediate needs, the Building Ontario Fund will focus on projects within five priority sectors: affordable housing, long-term care, energy, transportation, and municipal and community infrastructure. An arms-length, board-governed Crown agency enabled by the Building Ontario Fund Act, 2024, the Building Ontario Fund will help build a stronger province for Ontario’s quickly growing population and lay a strong foundation for future generations. |
