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 10, 2026 | Announcements
CDEV Statement re. Telesat Announcement
Space is increasingly becoming one of the most strategic areas of the global economy. It is more important than ever that we have sovereign capabilities for communication and defence. This week, the Government of Canada announced an agreement in principle to use Telesat Lightspeed to provide military satellite communications in the Arctic. The Telesat Lightspeed…
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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…
Read MoreMarch 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…
Read MoreMarch 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…
Read MoreFebruary 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…
Read MoreFebruary 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…
Read MoreFebruary 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…
Read MoreFebruary 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…
Read MoreJanuary 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…
Read MoreJanuary 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…
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