Latest news and announcements

Advancing Canada’s economy prosperity happens in new ways, every day. Get the latest news and announcements from CDEV and our subsidiaries.

Spotlight

July 30, 2025 | Announcements

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 self-sustaining federal Crown corporation that serves as the centre of excellence for financial advisory to…

May 27, 2020 | Announcements

CDEV Releases its 2019 Annual Report

CDEV Annual Report 2019

May 20, 2020 | Announcements

Applications Open for LEEFF

Canada Development Investment Corporation has formed a new subsidiary, Canada Enterprise Emergency Funding Corporation (CEEFC), to administer the Large Employer Emergency Financing Facility (LEEFF). Applications to LEEFF are now open. Information on LEEFF and the application process are available on CEEFC’s LEEFF web page, here: http://cdev-old.local/ceefc/

May 11, 2020 | Announcements

Large Employer Emergency Financing Facility (LEEFF)

The Government of Canada has mandated CDEV to deliver support to large enterprises through the Large Employer Emergency Financing Facility (LEEFF). The announcement can be found here: https://pm.gc.ca/en/news/news-releases/2020/05/11/prime-minister-announces-additional-support-businesses-help-save. More information on this program will be available here soon. For now, please contact the Department of Finance at 613-369-3710 or fin.financepublic-financepublique.fin@canada.ca.

December 20, 2019 | Announcements

Divestment of Ridley Terminals Inc. Closes

Canada Development Investment Corporation (CDEV) today announced that the divestment of Ridley Terminals Inc. (RTI) has been completed. Based on an agreement reached in July 2019, Canada has now sold 90 per cent of its shares in RTI to a company owned by Riverstone Holdings and AMCI Group for a purchase price of $350 million.…

August 16, 2019 | Announcements

Minister of Finance Announces Appointments to Canada Development Investment Corporation

The Government of Canada is committed to appointing highly qualified candidates able to best serve the interests of Canadians. In keeping with this commitment, Finance Minister Bill Morneau today announced the appointments of Carole Malo and Robert Wener as new members of the Board of Directors of the Canada Development Investment Corporation (CDEV), for terms…

March 27, 2019 | Announcements

Stephen Swaffield Appointed Chair of the Board of Directors of CDEV

November 7, 2018 | Announcements

CDEV Announces Board of Directors of Trans Mountain Corporation

The Board of Directors of Canada Development Investment Corporation (CDEV) is pleased to announce the appointment of several prominent Canadians to the Board of Directors overseeing the governance and management of Trans Mountain Corporation (TMC). The newly-constituted Board will be chaired by William Downe, former CEO of BMO Financial Group. Mr. Downe will be joined…

November 5, 2018 | Announcements

CDEV Issues Ridley Terminals Sales Process Letter

Ridley Terminals sales process letter Ridley Terminals Share Purchase Agreement