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 1, 2026 | Announcements
CDEV Releases 2025 Annual Report
Toronto, May 1, 2026 – Canada Development Investment Corporation (CDEV) today announced the release of its 2025 Annual Report, highlighting a year of strong execution, expanded impact, and delivery on some of Canada’s most complex and strategically significant economic priorities. In 2025, we reinforced our role as the federal government’s trusted financial and commercial advisor…
Latest News
December 21, 2023 | Announcements
CDEV Annual Public Meeting 2023
We are pleased to post the pre-recorded video of our Annual Public Meeting. You are invited to watch messages from Steve Swaffield, CDEV Board Chair, and Elizabeth Wademan, CDEV President and CEO, as they review this year. In response to the increased number of mandates given to CDEV, this year has been a year of…
December 20, 2023 | Announcements
Canada Growth Fund Announces First Carbon Contract for Difference
Congratulations to our subsidiary, the Canada Growth Fund, who announced today a groundbreaking investment of $200 million in Entropy, a Calgary-based developer of technologically-advanced carbon capture and sequestration projects with the potential to significantly reduce emissions in Canada and worldwide. This investment is important because it is the world’s first carbon credit offtake agreement of…
December 18, 2023 | Announcements
Appointment of Alicia Damley to the Board of Directors
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, under subsection 105(1) of the Financial Administration Act, approves the appointment by the Minister of Finance of Alicia Damley of Mississauga, Ontario, to be a director of the Board of Directors of the Canada Development Investment Corporation, to hold office during pleasure for a term of four years. Order…
December 18, 2023 | Announcements
Appointment of Charles Malone to the Board of Directors
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, under subsection 105(1) of the Financial Administration Act, approves the appointment by the Minister of Finance of Charles Malone of Comox, British Columbia, to be a director of the Board of Directors of the Canada Development Investment Corporation, to hold office during pleasure for a…
November 17, 2023 | Announcements
Notice of CDEV Annual Public Meeting 2023
Canada Development Investment Corporation (“CDEV”) will hold its Annual Public Meeting on Thursday, December 21st, 2023. This meeting will be pre-recorded and available to view on CDEV’s webpage at www.cdev.gc.ca. Questions may be submitted in advance to info@cdev-old.local no later than Thursday, November 30th, 2023, and every attempt will be made to answer them during the…
October 25, 2023 | Announcements
Canada Growth Fund Announces First Investment
Update on Canada Growth Fund: News Release
July 26, 2023 | Announcements
CDEV reaches a milestone in its sustainability journey with the release of its inaugural Taskforce on Climate-Related Financial Disclosures (TCFD) report
Through its first TCFD report, CDEV shares its strategy, progress, and ambition in addressing climate-related risks and opportunities – both at the corporate level and within its subsidiaries. “As a federal Crown corporation whose mandate includes managing critical assets for the Government of Canada, we take our mission to act in the best interest of…
March 10, 2023 | Announcements
Trans Mountain Corporation Provides Update on the Expansion Project
Update on Trans Mountain Expansion Project Assessment Letter from BMO Capital Markets and TD Securities Inc on the Trans Mountain Expansion Project
February 15, 2023 | Announcements
Appointment of Dwight Ball to the Board of Directors
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, under subsection 105(1) of the Financial Administration Act, approves the appointment by the Minister of Finance of Dwight Ball of Deer Lake, Newfoundland and Labrador, to be a director of the Board of Directors of the Canada Development Investment Corporation,…
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