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Canada Development Investment Corporation

cdev.gc.ca Direct investor

Canada Development Investment Corporation is a federal Crown corporation that acts as financial and commercial advisor and active asset manager for the Government of Canada. It owns and manages a portfolio of subsidiaries including Trans Mountain, Canada Growth Fund, Canada Hibernia Holding Corporation and lending entities.

Canada Development Investment Corporation is a sovereign wealth fund headquartered in Toronto, Canada, founded in 1982. It invests directly in companies, in energy, infrastructure, space and steel. 8 portfolio companies, as it reports.

“CDEV advises on and executes critical financial transactions, supports priority policy objectives, and maximizes the value of corporate assets in Canada’s best interest.”

— Canada Development Investment Corporation, own website
Layer
Direct investor
Type
Sovereign wealth fund
Stage
Not stated
Headquarters
Toronto, Canada
Invests in
Canada
Sectors
energy, infrastructure, space, steel, clean technology
Founded
1982
Portfolio
8 companies

Team, as Canada Development Investment Corporation publishes it

  • Elizabeth Wademan President and Chief Executive Officer
  • Carlos Gallardo Chief Financial Officer
  • Tess Lofsky Executive Vice President and General Counsel
  • Russ Wenman Executive Vice President and Group Head, Execution and Advisory
  • Sébastien Labelle Vice President, Policy and Public Affairs
  • Louise Youdale Vice President, People and Culture
  • Anick Losier Vice President, Communications
  • Dwight Ball Board Chair
  • Jennifer Reynolds Chair of the Human Resources and Compensation Committee
  • Alicia Damley Chair of the Audit Committee
  • Sandra Rosch Chair of the Nominating and Governance Committee
  • Sean W. Strickland Director

Names and roles exactly as listed on cdev.gc.ca. Nothing else about these people is recorded.

Where this comes from

Every fact above was read from a page Canada Development Investment Corporation publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.

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Record 18129 · added 2026-10-26 · link last verified 2026-10-26 · confidence medium

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