The Ontario Financing Authority (the “OFA”) was established as an agency, of the Crown, on November 15, 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 (the Province); • manages the Provincial debt; • provides financial and centralized cash management services for the Province; • 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 Inc. (OPG), manages the investment activities of OPG’s Used Fuel Segregated Fund and Decommissioning Segregated Fund; and • carries out the day-to-day operations of Ontario Electricity Financial Corporation (OEFC) and provides a broad range of financial services to Ontario Infrastructure and Lands Corporation (Infrastructure Ontario).