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 23, 2026 | Announcements

Canada Indigenous Loan Guarantee Corporation Supports Landmark First Nations Investment in Canada’s First Grid-scale Small Modular Reactor

Ontario First Nations group receives Indigenous loan guarantee for clean energy project, one of the largest Indigenous infrastructure investments in Canadian history Toronto, June 23, 2026—Canada is making progress on major nation-building projects, and as that work takes shape, meaningful Indigenous participation is essential for securing Canada’s long-term growth, economic sovereignty, and economic reconciliation. Today,…

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…

December 13, 2024 | Announcements

Notice of CDEV Annual Public Meeting 2024

Canada Development Investment Corporation (“CDEV”) will hold its Annual Public Meeting on Thursday, January 16, 2024. 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 Tuesday, December 24, 2024, at noon, and every attempt will be made to answer them…

October 1, 2024 | Announcements

Retirement of Board Chair, Steve Swaffield, from the boards of CDEV and its subsidiaries

Today marks the retirement of our Board Chair, Steve Swaffield, from the boards of CDEV and its subsidiaries after a long and distinguished service. Over the seven years that Steve has been on the board, he served as Chair for the past six years and during his tenure, played a critical role in supporting the…

September 13, 2024 | Announcements

Order Authorizing CDEV to Incorporate and Establish a Subsidiary

Order authorizing Canada Development Investment Corporation to procure the incorporation of a wholly-owned subsidiary which will facilitate transactions in relation to the Telesat program known as Telesat Lightspeed. Order in Council PC 2024-0808 Order authorizing Canada Development Investment Corporation to incorporate a wholly-owned subsidiary to carry out transactions in relation to the Telesat program known…

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