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Advancing Canada’s economic prosperity

Canada Development Investment Corporation (CDEV) advances economic prosperity for Canada by delivering financial and commercial expertise as the trusted advisor and active asset manager to government.
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Why CDEV

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Making impact since 1982

Helping Canada navigate some of the country’s biggest financial challenges 
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Unmatched commercial expertise

As a cost-effective active manager of strategic government assets 
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Operating at the speed of business 

Providing impactful internal expertise and skills not found elsewhere in government
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What We Do

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Practical solutions with lasting impact

CDEV advises on and executes critical financial transactions, supports priority policy objectives, and maximizes the value of corporate assets in Canada’s best interest. In periods of economic pressure, CDEV brings the agility and rapid responsiveness required for government to act quickly and effectively. 

Explore What We Do

Our Companies

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Stewardship that strengthens our economy

CDEV is an active manager of the CDEV Group of Companies, including Trans Mountain, Canada Indigenous Loan Guarantee Corp (CILGC), Canada Enterprise Emergency Funding Corp (CEEFC), Canada Growth Fund (CGF), Canada Hibernia Holding Corp (CHHC) and Telesat Loan Co. Discover how the assets and companies we steward protect and build our country’s future. 

View our Companies
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Publications 

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Reporting with integrity

Accountability matters. We publish reports on our corporate plan, annual activities, accessibility and more so Canadians can clearly see how decisions are made, dollars are invested and results are delivered.

Read our Reports

Work with Us

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Build Canada’s future – and your own

Joining the CDEV team means taking on meaningful challenges, accelerating your career and having an impact you’ll see for years to come. 

Explore Career Opportunities

Latest News

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October 29, 2026 | Announcements

David Lobo joins CDEV as Chief Operating Officer, Elena Palumbo as Chief Human Resources Officer

Toronto, October 29, 2026 – Canada Development Investment Corporation (CDEV) is pleased to announce two key talent additions, with David Lobo joining as Chief Operating Officer and Elena Palumbo as Chief Human Resources Officer. Mr. Lobo brings deep experience in public sector leadership, organizational transformation and strategic execution. He has served as President and CEO…
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October 1, 2026 | Announcements

CDEV statement on West Coast Pipeline designation

October 1, 2026 – Today’s designation of the proposed West Coast Oil Pipeline, now known as Pacific Link as a project of national interest is an important step forward in translating Canada’s economic ambition into action. Canada has set a clear objective: build the infrastructure needed to strengthen our economy, diversify our trade relationships and…
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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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Land Acknowledgement

CDEV acknowledges that, as a federal Crown corporation, it exercises a mandate across Canada, which is home to many diverse First Nations, Inuit, and Métis Peoples. CDEV operates across our country on unceded Indigenous territories with long and rich traditions. We are committed to reconciliation with Indigenous Peoples and encourage our employees and directors, and all Canadians, to play a role in learning, understanding, and respecting their history, culture, and contributions to this land called Canada.