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

February 27, 2026 | Announcements

Canada Indigenous Loan Guarantee Corporation Seeks Directors for its Board

Toronto, February 27, 2026 – Canada Indigenous Loan Guarantee Corporation (CILGC) continues to seek Board Directors to support the growth and governance of the federal Indigenous Loan Guarantee Program (ILGP), a $10-billion federal initiative that supports Indigenous equity ownership in major projects across Canada through the issuance of loan guarantees. A wholly-owned subsidiary of Canada…

Latest News

February 27, 2026 | Announcements

Canada Indigenous Loan Guarantee Corporation Seeks Directors for its Board

Toronto, February 27, 2026 – Canada Indigenous Loan Guarantee Corporation (CILGC) continues to seek Board Directors to support the growth and governance of the federal Indigenous Loan Guarantee Program (ILGP), a $10-billion federal initiative that supports Indigenous equity ownership in major projects across Canada through the issuance of loan guarantees. A wholly-owned subsidiary of Canada…
February 19, 2026 | Announcements

Don Lindsay Appointed as Board Chair of Trans Mountain Corporation

Toronto, February 19, 2026 - Canada Development Investment Corporation (CDEV) congratulates Don Lindsay for his appointment, effective as of February 24, 2026, as Board Chair of Trans Mountain Corporation (TMC), the wholly owned subsidiary of CDEV, mandated to safely and sustainably operate and optimize the Trans Mountain pipeline systems, ensuring reliable transportation of Canadian crude…
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…
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…
January 23, 2026 | Announcements

New Directors Appointed to the Board of Directors of Canada Growth Fund Inc.

Toronto, January 23, 2026 – Canada Development Investment Corporation (CDEV) is pleased to announce the appointment of Aaron Engen and Candace MacGibbon to the Board of Directors of Canada Growth Fund Inc. (CGF). A wholly-owned subsidiary of CDEV, CGF is a $15 billion independent and arm’s length fund designed to attract private capital to support the efficiency…
January 14, 2026 | Announcements

Kristan Straub Appointed President and Chief Executive Officer of Canada Indigenous Loan Guarantee Corporation

Toronto, January 14, 2026 – Canada Development Investment Corporation (CDEV) is pleased to announce the appointment of Kristan Straub as the President and Chief Executive Officer of its subsidiary, Canada Indigenous Loan Guarantee Corporation (CILGC). A member of Henvey Inlet and French River No. 13 First Nation, Mr. Straub is a highly accomplished executive and recognized…
November 17, 2025 | Announcements

Canada Enterprise Emergency Funding Corporation confirms the first loan under the Large Enterprise Tariff Loan facility 

Toronto, November 17, 2025 — Canada Development Investment Corporation (CDEV), through its subsidiary, Canada Enterprise Emergency Funding Corporation (CEEFC), is pleased to confirm that Algoma Steel Inc. has completed its financing transaction providing $400 million in federal financing as part of a $500-million package supporting the company. This concludes the loan announced September 29, 2025, and…
November 12, 2025 | Announcements

Dwight Ball Appointed as Board Chair of Canada Development Investment Corporation

Toronto, November 12, 2025 — Canada Development Investment Corporation (CDEV) is pleased to announce that Dwight Ball has been appointed as the Chair of its Board of Directors. Dwight joined the Board of Directors of CDEV in February 2023 and has contributed significantly to the board, as he has also served as Chair of the…
September 29, 2025 | 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 inaugural loan will provide Algoma Steel Inc. (Algoma) with access to $400 million in liquidity.…
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