Current Assets

CDEV manages select high-value strategic assets on behalf of the Canadian Government. When Canadian interests require representation, the Government of Canada relies on CDEV to acquire, hold and manage critical investments.

The CDEV portfolio currently comprises two core assets: Canada Hibernia Holding Corporation (CHHC) which owns Canada’s interest in the Hibernia Project, an offshore oil-production platform in the Atlantic Ocean, and Trans Mountain Corporation, which owns and operates a pipeline from Edmonton, Alberta to Burnaby, British Columbia. CDEV’s management of important assets increases the value and efficiency of Canadian economic interests.