Announcements

November 14, 2016

Engagement of Morgan Stanley

Following an 18-month review of the Canada Transportation Act, the Government is now reviewing the recommendations that it received from the panel led by the Honourable David Emerson. Using a competitive procurement process, CDEV has selected and engaged Morgan Stanley Canada to provide financial advice to the Government related to the recommendations concerning ports.


September 12, 2016

Engagement of Credit Suisse

Following an 18-month review of the Canada Transportation Act, the Government is now reviewing the recommendations that it received from the panel led by the Honourable David Emerson. Using a competitive procurement process, CDEV has selected and engaged Credit Suisse Canada to provide financial advice to the Government related to the recommendations concerning airports.


September 2, 2016

Canada Development Investment Corporation - Annual Public Meeting - October 11, 2016

Canada Development Investment Corporation (CDEV) will hold its Annual Public Meeting on Tuesday October 11, 2016 (details below). The forum provides an opportunity for the public to learn more about CDEV’s business.

Members of the Board of Directors and the Executive Vice-President will be present at this meeting.

The details are as follows:

Canada Development Investment Corporation’s Annual Public Meeting:

Tuesday October 11, 2016 from 9:00 a.m. – 10:00 a.m. (Toronto Time)
Heliconian Hall
35 Hazelton Avenue
Toronto, Ontario

Attendee registration is between 8:30 a.m. – 9:00 a.m. Seating is on a first-come, first-served basis.

Questions can also be sent via e-mail to info@cdev.gc.ca  no later than October 4 and every attempt will be made to answer them during the meeting’s Q&A session. Copies of CDEV’s 2015 Annual Report will be available at the meeting.  For electronic copies of documents please see the Publications section of this website.


May 2, 2016

CDEV releases its 2015 annual report. CDEV reports a profit for 2015 of $2.25 billion, which includes a $2.1 billion gain on the sale of GM shares in the second quarter of 2015

For details please see our Annual Report 2015, available on our website under "Publications".


June 30, 2015

Minister of Finance Announces Appointment of Two Directors to the Canada Development Investment Corporation Board of Directors

June 30, 2015 –Ottawa, Ontario – Department of Finance

Finance Minister Joe Oliver today announced the appointment of Jennifer Reynolds and Sandra Rosch to the Board of Directors of the Canada Development Investment Corporation (CDEV) for four-year terms.

Ms. Reynolds will join CDEV after having served for the past two years as the President and CEO of Women in Capital Markets, the largest network of professional women in the Canadian financial sector. Ms. Rosch has 17 years of experience in investment, and is the President of the restructuring firm Stonecrest Capital Inc.

 

Media Contacts

Melissa Lantsman
Director of Communications
Office of the Minister of Finance
613-369-5696

David Barnabe
Media Relations
Department of Finance
613-369-4000


June 30, 2015

Minister of Finance Announces Appointment of New Chair of the Canada Development Investment Corporation Board of Directors

June 30, 2015 –Ottawa, Ontario – Department of Finance

Finance Minister Joe Oliver today announced the appointment of Michael Mackasey as the new Chair of the Canada Development Investment Corporation (CDEV) Board of Directors. Mr. Mackasey was recently appointed to the Board of Directors of CDEV and is currently the Managing Director and Head of Equity Capital Markets Canada for Macquarie Capital Markets Canada. His appointment is for a four-year term.

 

Media Contacts

Melissa Lantsman
Director of Communications
Office of the Minister of Finance
613-369-5696

David Barnabe 
Media Relations
Department of Finance 
613-369-4000


April 8, 2015

Minister of Finance Announces Appointment to the Canada Development Investment Corporation Board of Directors

April 8, 2015 –Ottawa, Ontario – Department of Finance

Finance Minister Joe Oliver today announced the appointment of Michael Mackasey to the Board of Directors of the Canada Development Investment Corporation. Mr. Mackasey has most recently served as the Managing Director and Head, Equity Capital Markets Canada for Macquarie Capital Markets Canada. His appointment is for a four-year term.

 

Media Contacts

Melissa Lantsman
Director of Communications
Office of the Minister of Finance
613-369-5696

Stéphanie Rubec
Media Relations
Department of Finance
Government of Canada
613-369-4000