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

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,…

May 15, 2025 | Announcements

Federal Indigenous Loan Guarantee Program Celebrates First Loan Guarantee

36 First Nations to Invest in a 12.5% Ownership Stake in Enbridge’s Westcoast natural gas pipeline system Toronto, May 15, 2025 – Canada Development Investment Corporation (CDEV), through its subsidiary, Canada Indigenous Loan Guarantee Corporation (CILGC), is proud to announce the provision of a loan guarantee in connection with a landmark transaction to be completed…

April 15, 2025 | Announcements

Applications are open for the Large Enterprise Tariff Loan (LETL) facility

Toronto, April 15, 2025 – Canada Development Investment Corp. (CDEV) is pleased to announce the launch of the Large Enterprise Tariff Loan (LETL) facility, a new initiative to support large Canadian enterprises affected by actual and potential new U.S. tariffs and associated countermeasures and which face challenges accessing traditional sources of market financing. CDEV has…

March 21, 2025 | Announcements

Changes to the Indigenous Loan Guarantee Program

On March 21, 2025, the Government of Canada has announced changes to the Indigenous Loan Guarantee Program, doubling the program from $5 billion to $10 billion and opening it to sectors outside of energy and natural resources to support more Indigenous-led infrastructure, transportation, and trade projects across the country. More information regarding these changes will be communicated…

March 17, 2025 | Announcements

Michael Bonshor Appointed as Board Chair of Canada Indigenous Loan Guarantee Corporation

Toronto, March 17, 2025 - Canada Development Investment Corporation (CDEV) is pleased to announce that Michael Bonshor has been appointed as Board Chair of Canada Indigenous Loan Guarantee Corporation (CILGC). CILGC is a wholly owned subsidiary of CDEV, mandated to deliver the inaugural federal Indigenous Loan Guarantee Program, providing $5 billion for Indigenous loan guarantees…

March 13, 2025 | Announcements

Corinne Boone Appointed as Board Chair of Canada Growth Fund (CGF)

Toronto, March 13, 2025 – Canada Growth Fund Inc. (CGF) is pleased to announce that Corinne Boone has been appointed as Chair of CGF. Sean Strickland has also been appointed to the Board as director. CGF, a wholly owned subsidiary of Canada Development Investment Corp. (CDEV), is a $15 billion independent and arm’s length fund…

January 16, 2025 | Announcements

CDEV Annual Public Meeting 2024

We are pleased to post the pre-recorded video of our 2024 Annual Public Meeting. You are invited to watch messages from Elizabeth Wademan, CDEV President and CEO, and Russ Wenman, Vice President and Head of Execution and Advisory, as they review this year. This year, CDEV has been central to the management and delivery of…

December 17, 2024 | Announcements

Sale of Air Canada Shares: Highlights

CDEV is proud to have achieved an excellent outcome for Canadians through the successful sale of Air Canada shares last week, which resulted in recouping the entire investment and generating a profit on the sale. As announced in the 2024 Fall Economic Statement on December 16, 2024, CDEV’s subsidiary, Canada Enterprise Emergency Funding Corporation (CEEFC),…

December 17, 2024 | Announcements

Indigenous Loan Guarantee Program Launched to Accelerate Economic Reconciliation

Toronto, December 17, 2024 – As announced in the 2024 Fall Economic Statement, the Canada Indigenous Loan Guarantee Corporation, a newly established subsidiary of the Canada Development Investment Corporation (CDEV), officially launched the Indigenous Loan Guarantee Program yesterday. This program is a major initiative that will unlock up to $5 billion in loan guarantees to…

December 16, 2024 | Announcements

Order Authorizing CDEV to Incorporate and establish a Subsidiary

Order authorizing the Canada Development Investment Corporation to procure the incorporation of a wholly owned subsidiary to provide loan guarantees as part of the Indigenous Loan Guarantee Program. 2024-1141 Order directing Canada Development Investment Corporation to procure the incorporation of a wholly owned subsidiary under the Canada Business Corporations Act and to take such steps…

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