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

June 14, 2026 | Announcements

CDEV Act comes into force

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Latest News

June 14, 2026 | Announcements

CDEV Act comes into force

Toronto, June 14, 2026 – Today, the Canada Development Investment Corporation Act comes into force, establishing CDEV under its own enabling legislation. This important milestone will preserve CDEV's existing mandate, operations, and governance structure while aligning CDEV with peer Crown corporations and enhancing transparency, clarity, and efficiency. The Act comes at a time of transformational…
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June 8, 2026 | Announcements

Canada Enterprise Emergency Funding Corporation stands up new facility to support airlines amidst record high fuel prices

The new Liquidity for Airline Sector Resilience, LASR, will provide liquidity support to Canadian airlines and mitigate impacts on affordability and financial stability of airlines Toronto, June 8, 2026— Global conflicts and supply disruptions have created volatility in energy markets and have led to a rapid, significant and sustained increase in fuel costs.  This has…
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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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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…
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April 14, 2026 | Announcements

CDEV Releases 2026–2030 Corporate Plan Summary

Toronto, April 14, 2026 – Canada Development Investment Corporation (CDEV) today announced the release of its Corporate Plan Summary for 2026–2030, outlining its strategic priorities and continued role in advancing the Government of Canada’s economic objectives. CDEV delivers the financial and commercial expertise that government relies on. As a self-sustaining Crown corporation operating since 1982,…
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March 28, 2026 | Announcements

Canada Development Investment Corporation welcomes Royal Assent of Budget Implementation Act

Toronto, March 27, 2026 — Canada Development Investment Corporation (CDEV) welcomes this week’s Royal Assent of the Government of Canada’s Budget Implementation Act which contains legislation that will establish CDEV under its own statute once enacted. CDEV advances economic prosperity for Canada by delivering financial and commercial expertise that government relies on. As a self-sustaining…
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March 10, 2026 | Announcements

Second Loan Guarantee Issued Under the Federal Indigenous Loan Guarantee Program

Toronto, March 10, 2026—Canada Indigenous Loan Guarantee Corporation (CILGC) has issued its second loan guarantee under the federal Indigenous Loan Guarantee Program (ILGP), supporting Aamjiwnaang First Nation and Kettle & Stony Point First Nation in acquiring a nearly 20 per cent equity stake in the Chatham to Lakeshore transmission line in southwestern Ontario. Completed in…
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March 6, 2026 | Announcements

2026 Annual Public Meeting Notice

Canada Development Investment Corporation (CDEV) will hold its 2026 Annual Public Meeting on April 8, 2026, from 2:00 p.m. to 3:00 p.m. ET. Elizabeth Wademan, President and Chief Executive Officer, and Dwight Ball, Chair of the Board, will share an annual update on CDEV’s role delivering financial and commercial expertise as the trusted advisor and…
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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…
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