Government announces appointment to the Board of Directors of the Canada Development Investment Corporation

From: Department of Finance Canada

News release

November 12, 2025 – Ottawa, Ontario – Department of Finance Canada

The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, transparent, and merit-based selection processes for all Governor-in-Council appointments.

In keeping with this commitment, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced the appointment of Dwight Ball as Chairperson of the Board of Directors of the Canada Development Investment Corporation (CDEV). This appointment is set for a 4-year term, effective November 5, 2025.

Quick facts

  • CDEV was established in 1982 under the Canada Business Corporations Act.

    • Operating at arm’s length from government, CDEV provides the Government of Canada with specialised financial advisory around the country’s most complex and diverse commercial interests, in addition to holding a portfolio of assets and investments held by the Government of Canada, on behalf of all Canadians.

     

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Media may contact:

John Fragos
Press Secretary
Office of the Minister of Finance and National Revenue
john.fragos@fin.gc.ca

Media Relations 
Department of Finance Canada 
mediare@fin.gc.ca 
613-369-4000

General enquiries

Phone: 1-833-712-2292 
TTY: 613-369-3230 
E-mail: financepublic-financepublique@fin.gc.ca

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2025-11-12