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The Canada Development Investment Corporation (CDEV; [a] French: Corporation de développement des investissements du Canada) is a Canadian Crown corporation responsible for managing investments and corporate interests held by the Government of Canada, including making purchases and sales of assets on behalf of the King-in-Council. [1]
management and investment of a $500-million strategic investment fund of the B.C. Government Industry Training Authority: Advanced Education, Skills & Training skilled trades system of BC Innovate BC: Jobs, Economic Recovery and Innovation advanced and innovative technologies for B.C. industries Insurance Corporation of British Columbia
The Canada Development Corporation was a Canadian corporation, based in Toronto, created and partly owned by the federal government and charged with developing and maintaining Canadian-controlled companies in the private sector through a mixture of public and private investment.
C. Canada Council; Canada Infrastructure Bank; Canada Innovation Corporation; Canada Lands Company; Canada Mortgage and Housing Corporation; Canada Post; Canada Science and Technology Museum
On August 31, 2018, the Government of Canada purchased the pipeline for $4.7 billion [9] from Kinder Morgan through the creation of the Trans Mountain Corporation (TMC), in order to "keep the project alive". [10] TMC is a Crown corporation, a subsidiary of the Canada Development Investment Corporation (CDEV). [11]
Government of Canada Innovation Corporation is a planned arms-length Government of Canada organization whose mandate is a focused, outcome-driven investment approach to increase Canadian business expenditure on R&D across all sectors and regions of Canada and help to generate new and improved products and processes that will support the productivity and growth of Canadian firms.
The federal Post Office Department became a Crown corporation as Canada Post Corporation in 1981, and Canada's export credit agency, Export Development Canada, was created in 1985. Perhaps the most controversial was Petro-Canada, Canada's short-lived attempt to create a national oil Crown corporation, founded in 1975.
Invest in Canada is an arms-length Government of Canada organization that promotes and attracts foreign direct investment into Canada. It was created through the Investment Canada Act and launched on March 12, 2018 [ 1 ] as a departmental corporation.