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

May 8, 2026 | Announcements

CDEV structuring Canadian Photonics Fabrication Centre spin-off process

Toronto, May 8, 2026—As the Government of Canada’s trusted partner for financial, commercial, and strategic advice, Canada Development Investment Corporation (CDEV) is playing a central role in the proposed spin-off of the National Research Council of Canada’s Canadian Photonics Fabrication Centre (CPFC), announced this week by the Government of Canada.  The proposed transaction is intended…

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Latest News

February 19, 2026 | Announcements

Canada Development Investment Corporation Seeks Two Directors for its Board

Canada Development Investment Corporation (CDEV) is seeking two exceptional directors to join its Board. CDEV plays a critical role in advancing Canada’s economic prosperity by delivering the financial and commercial expertise the Government of Canada relies on in its most complex and consequential situations. A federal Crown corporation with an independent Board accountable to Parliament…
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February 4, 2026 | Announcements

Lorraine Audsley Appointed President and Chief Executive Officer of Canada Enterprise Emergency Funding Corporation

Toronto, Wednesday, February 4, 2026 – Canada Development Investment Corporation (CDEV) is pleased to announce the appointment of Lorraine Audsley as the President and Chief Executive Officer of its portfolio company, Canada Enterprise Emergency Funding Corporation (CEEFC), effective February 24, 2026. In this role, Lorraine will provide strategic leadership and operational oversight as CEEFC delivers…
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