Order Authorizing CDEV to Incorporate and Establish a Subsidiary

Feb 1, 2023 | Announcements

Order authorizing the Canada Development Investment Corporation to (1) procure the incorporation of a wholly-owned subsidiary that is yet to be named, all the shares of which, on incorporation, are to be held by, on behalf of or in trust for the Canada Development Investment Corporation; and (2) sell or otherwise dispose of any shares of the subsidiary.

Order in Council PC 2023-0038

Order directing the Canada Development Investment Corporation to (1) procure the incorporation of a wholly-owned subsidiary that is yet to be named; (2) take such steps as are necessary to facilitate the implementation of its objects; and (3) ensure that the remuneration for the directors, chairperson and chief executive officer is fixed having regard to the standard remuneration usually provided by other corporations in the public and private sectors.

Order in Council PC 2023-0039