Ontario Construction News staff writer
The Building Ontario Fund Board of Directors has appointed Michael Fedchyshyn as its inaugural chief executive officer, effective Nov. 12. This move marks a significant milestone for the Fund as it aims to invest in revenue-generating infrastructure projects throughout the province.
Fedchyshyn brings more than 20 years of leadership experience in strategic corporate development, infrastructure investing, structured finance, and public-private partnerships. He joins the Building Ontario Fund from Invest Ontario, where he served as interim CEO and facilitated impactful investments aligned with the province’s long-term economic goals. Previously, he held senior roles at Infrastructure Ontario, where he was instrumental in launching the Transit Oriented Communities program and other key initiatives.
Before entering the public sector, Fedchyshyn’s career included roles in private equity, renewable energy development, project finance, and management consulting. He holds a Ph.D. in neuroscience from the University of Toronto.
“Michael has a proven track record in infrastructure development and project finance across both sectors,” said Brian Porter, chair of the Board. “His expertise will be invaluable as the Building Ontario Fund works to finance essential infrastructure throughout the province. Additionally, Michael’s dedication to fostering collaborative and inclusive teams will be crucial for the organization’s success. We are excited to welcome him aboard and look forward to working together.”
Fedchyshyn expressed his enthusiasm for the role, saying, “I am honored to join the Building Ontario Fund and grateful to the Board for their trust in my leadership. As a proud Ontarian, I am eager to support investors with innovative financing solutions that will help develop critical infrastructure benefiting our province for generations.”
Peter Bethlenfalvy, Ontario’s minister of finance, also supported the appointment, stating, “The Board’s decision to name Michael Fedchyshyn as the inaugural CEO is a crucial step for Ontario’s future. Our government’s Plan to Build continues to deliver essential infrastructure projects necessary for our growing economy.”
The Building Ontario Fund will provide financing and advisory services to public sector pension plans, institutional investors, and Indigenous communities, focusing on five priority sectors: affordable housing, long-term care, energy, transportation, and municipal infrastructure. As a board-governed Crown agency established under the Building Ontario Fund Act, 2024, the Fund aims to strengthen Ontario’s infrastructure and support its rapidly growing population while laying a foundation for future generations.
