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Canada Development Investment Corporation

Canada Development Investment Corporation (CDEV) is a Crown corporation that delivers financial and commercial expertise as trusted advisor and active asset manager to government.

Last updated September 15, 2026

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Overview

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. A unique Crown corporation headquartered in Toronto with an office in Ottawa, CDEV advises on and executes critical financial transactions, supports priority policy objectives, and maximizes the value of corporate assets in Canada's best interest. It 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. Its independent board of directors is accountable to Parliament through the Minister of Finance.

History

CDEV describes itself as making an impact since 1982, helping Canada navigate some of the country's biggest financial challenges. It operates as a unique Crown corporation with commercial expertise and a skill set unique within the federal government, drawing on experts with extensive private and public sector backgrounds including investment banking, asset management, financial services, consulting, legal and mergers and acquisitions. Headquartered in Toronto with an office in Ottawa and teams in portfolio companies across the country, CDEV has a small, high-performing team, a highly efficient operating model, and an independent board of directors accountable to Parliament through the Minister of Finance. It advises on and executes critical financial transactions, supports priority policy objectives, and maximizes the value of corporate assets in Canada's best interest, bringing agility and rapid responsiveness in periods of economic pressure. 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.

Products and positioning

Trusted advisor and active asset manager to government; a cost-effective active manager of strategic government assets.

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