CDEV

CDEV drives Canada’s economic strength by delivering top in class financial and commercial expertise to the Government of Canada. Established in 1982 as a self-sustaining Crown corporation and reporting to Parliament through the Minister of Finance, CDEV operates at the intersection of public purpose and private-sector discipline.

As the federal government’s trusted financial advisor and active asset manager, CDEV oversees more than $75 billion in strategic assets on behalf of Canadians. Operating at arm’s length and at the speed of business, the organization is routinely called upon to structure and execute complex transactions, advance national policy priorities, and unlock long-term value in the country’s most significant corporate holdings. When economic conditions demand decisive action, CDEV provides the agility, sophistication, and execution capability required for government to respond with confidence and impact.

Through its eight subsidiaries, forming the CDEV Group of Companies, CDEV actively manages a diverse portfolio of assets and programs that shape Canada’s economic future, including Trans Mountain pipeline, the $15-billion Canada Growth Fund, the $10-billion Large Employer Tariff Loan facility, the $10-billion Indigenous Loan Guarantee Program, and the $2.14-billion financing agreement with Telesat to advance Canada’s largest-ever space initiative.

Headquartered in Toronto, with offices in Ottawa and governed by an independent board of directors, CDEV combines rigorous asset management, sophisticated financial and commercial advisory expertise, and leadership in Indigenous economic participation. CDEV’s mandate: protect and enhance value, strengthen Canada’s economic resilience, and deliver results that serve the long-term national interest.