He told a news conference the fund would invest in clean power, zero-emissions buses, home retro fits, broadband networks and irrigation infrastructure for farmers.
The money will be divided up as follows:
* C$2.5 billion for clean power to support renewable generation and storage and to transmit clean electricity
* C$2 billion to connect approximately 750,000 homes and small businesses to broadband in under-served communities.
* C$2 billion to invest in large-scale building retrofits to increase energy efficiency
* C$1.5 billion for agriculture irrigation projects to help enhance production
* C$1.5 billion to accelerate the adoption of zero-emission buses and charging infrastructure
* C$500 million for project development and early construction works