Financial Expertise & Innovative Solutions for the Government of Canada
Canada Development Investment Corporation (CDEV) provides the Government of Canada with specialized financial advisory around the country’s most complex and diverse commercial interests.
For over 40 years, CDEV, a Federal Crown corporation reporting to the Minister of Finance, has been the entity of choice for critical financial transactions needed to help Canada achieve its goals and maximize the value of government corporate assets.
Our Assets
CDEV acquires, holds and manages strategic assets to help achieve the Government of Canada’s financial and policy objectives.
Corporate Finance Advisory
CDEV provides the insight and creativity to help the Government of Canada achieve important goals.
Structured Financing
CDEV has the experience to provide structured financing solutions when called upon by the Department of Finance.
Acquisitions & Divestitures
CDEV has an established history of managing asset acquisitions and divestitures to achieve Canada’s strategic objectives.
Who We Are
Leaders in financial advisory solutions, including asset management, structured financing, acquisitions and divestitures.
Headquartered in Toronto with subsidiary offices in Calgary and professionals in Ottawa and the Maritimes, we bring excellent business judgement and commercial practices to the evaluation, management and monetization of assets of the Canadian Government, in addition to being an incubator for new entities aligned to help achieve policy objectives.
Announcements
Canada Enterprise Emergency Funding Corporation announces the first loan under the Large Enterprise Tariff Loan facility
Toronto, September 29, 2025 – Today, Canada Development Investment Corporation, through its subsidiary, Canada Enterprise Emergency Funding Corporation (CEEFC), announced the first loan under the Large Enterprise Tariff Loan (LETL) facility to protect Canadian jobs and strengthen strategic industries. This…
CDEV releases its 2024 Climate-related Disclosure Report
CDEV is pleased to release its 2024 Climate-related Disclosure report based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). This third report outlines CDEV’s approach, performance, and achievements related to its climate change priorities. As a…
Federal Indigenous Loan Guarantee Program Confirms Issuance of its First Loan Guarantee
Canada Development Investment Corporation (CDEV), through its subsidiary, Canada Indigenous Loan Guarantee Corporation (CILGC), is pleased to confirm the issuance of its first loan guarantee covering $400 million of a $736-million investment by 38 First Nations in British Columbia for…
CDEV Releases its 2024 Annual Report
We are pleased to release our 2024 annual report today, reflecting on what a transformational year of growth last year was for CDEV. Main 2024 highlights include: We want to thank our team, our Board, our colleagues in the CDEV…
Federal Indigenous Loan Guarantee Program Celebrates First Loan Guarantee
36 First Nations to Invest in a 12.5% Ownership Stake in Enbridge’s Westcoast natural gas pipeline system Toronto, May 15, 2025 – Canada Development Investment Corporation (CDEV), through its subsidiary, Canada Indigenous Loan Guarantee Corporation (CILGC), is proud to announce…
Applications are open for the Large Enterprise Tariff Loan (LETL) facility
Toronto, April 15, 2025 – Canada Development Investment Corp. (CDEV) is pleased to announce the launch of the Large Enterprise Tariff Loan (LETL) facility, a new initiative to support large Canadian enterprises affected by actual and potential new U.S. tariffs…
Changes to the Indigenous Loan Guarantee Program
On March 21, 2025, the Government of Canada has announced changes to the Indigenous Loan Guarantee Program, doubling the program from $5 billion to $10 billion and opening it to sectors outside of energy and natural resources to support more Indigenous-led infrastructure,…
Michael Bonshor Appointed as Board Chair of Canada Indigenous Loan Guarantee Corporation
Toronto, March 17, 2025 – Canada Development Investment Corporation (CDEV) is pleased to announce that Michael Bonshor has been appointed as Board Chair of Canada Indigenous Loan Guarantee Corporation (CILGC). CILGC is a wholly owned subsidiary of CDEV, mandated to…
Corinne Boone Appointed as Board Chair of Canada Growth Fund (CGF)
Toronto, March 13, 2025 – Canada Growth Fund Inc. (CGF) is pleased to announce that Corinne Boone has been appointed as Chair of CGF. Sean Strickland has also been appointed to the Board as director. CGF, a wholly owned subsidiary…
CDEV Annual Public Meeting 2024
We are pleased to post the pre-recorded video of our 2024 Annual Public Meeting. You are invited to watch messages from Elizabeth Wademan, CDEV President and CEO, and Russ Wenman, Vice President and Head of Execution and Advisory, as they…
Publications
To maintain the highest standards of ethics and accountability, CDEV publishes its annual reports and expenses. Find more about them below.