The bank through its board is accountable to the minister and to Parliament for the purposes of executing its mandate in terms of the functions bestowed on the corporation, to the extent to which it is accountable for how it structures projects and its fiduciary responsibility pertaining specifically to the federal investment. However, the other parties to a particular project, for example if it were a municipality or province—because it's a shared partnership model—would in turn also be accountable to their constituents for that particular project.
On May 30th, 2017. See this statement in context.