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Advancing Canada’s economic prosperity

Canada Development Investment Corporation (CDEV) advances economic prosperity for Canada by delivering financial and commercial expertise as the trusted advisor and active asset manager to government.

What We Do

Turning Canada’s economic priorities into action

CDEV is the Government of Canada’s trusted financial and commercial advisor and an active manager of federal commercial assets. Drawing on deep private-sector expertise, CDEV provides independent, commercially rigorous advice, structures and executes complex transactions, and establishes financing and investment programs that translate government priorities into action. Combining commercial discipline with the agility to respond to emerging economic challenges, CDEV helps advance Canada’s economic interests while maximizing the long-term value of assets on behalf of Canadians.

Explore What We Do

Our group of companies 

Stewardship in action

CDEV actively manages more than $75 billion in strategic Canadian assets and initiatives through its eight portfolio companies. Combining commercial expertise with disciplined asset management, CDEV oversees investments, strengthens governance and works to maximize long-term value for Canada. 

Discover how the assets and initiatives we steward contribute to Canada’s economic strength and long-term prosperity.

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Work with Us

Build Canada’s future – and your own

Joining the CDEV team means taking on meaningful challenges, accelerating your career and having an impact you’ll see for years to come. 

Explore Career Opportunities

Latest News

October 29, 2026 | Announcements

David Lobo joins CDEV as Chief Operating Officer, Elena Palumbo as Chief Human Resources Officer

Toronto, October 29, 2026 – Canada Development Investment Corporation (CDEV) is pleased to announce two key talent additions, with David Lobo joining as Chief Operating Officer and Elena Palumbo as Chief Human Resources Officer. Mr. Lobo brings deep experience in public sector leadership, organizational transformation and strategic execution. He has served as President and CEO…
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October 1, 2026 | Announcements

CDEV statement on West Coast Pipeline designation

October 1, 2026 – Today’s designation of the proposed West Coast Oil Pipeline, now known as Pacific Link as a project of national interest is an important step forward in translating Canada’s economic ambition into action. Canada has set a clear objective: build the infrastructure needed to strengthen our economy, diversify our trade relationships and…
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July 10, 2026 | Announcements

CDEV Statement re. Telesat Announcement

Space is increasingly becoming one of the most strategic areas of the global economy. It is more important than ever that we have sovereign capabilities for communication and defence. This week, the Government of Canada announced an agreement in principle to use Telesat Lightspeed to provide military satellite communications in the Arctic. The Telesat Lightspeed…
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Land Acknowledgement

CDEV acknowledges that, as a federal Crown corporation, it exercises a mandate across Canada, which is home to many diverse First Nations, Inuit, and Métis Peoples. CDEV operates across our country on unceded Indigenous territories with long and rich traditions. We are committed to reconciliation with Indigenous Peoples and encourage our employees and directors, and all Canadians, to play a role in learning, understanding, and respecting their history, culture, and contributions to this land called Canada.