A CEDIF is a pool of capital, formed through the sale of shares (or units), to persons within a defined community, created to operate or invest in local business. It cannot be charitable, non-taxable, or not-for-profit, and must have at least six directors elected from their defined community. More >>
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The pattern followed by most Funds has been to make application in the fall so as to be able to sell shares in the first 60 days of the new year, to correspond with the RRSP season. This year continues this pattern with a number of Funds currently under development.
The table below summarizes the status of these applications. (Updated 11.01.2006)
2006-07 Offerings
| Fund |
|
Status |
|
Contact |
 | The Port Bistro Inc. | | Open | | Bruce MacLeod 542-0106 |
| Just US Coffee | | Open | | Jeff Moore 542.7474 |
| The Mount Business Investments Inc. | | Open | | Elsie Henderson 493.5489 |
| Port Hood RV Park Co-operative | | Open | | Shaun Shea 564-8821 |
| Shean Cooperative-Inverness | | Closed | | Dr. Pieter J. de Vries S |
| Unique Design | | Open | | Tanya Shaw Weeks |
Applications Expected or Under Review
| Fund |
|
Status |
|
Contact |
| Baie Chedabucto Bay Investment Fund | | NSSC | | Yvon Samson 226-0064 |
| Bay Wind Field Incorporated | | | | |
| Black Business Community Investment Fund Ltd. | | | | |
| Chebucto Wind Field Inc | | | | |
| Colchester-Cumberland Wind Field Inc. | | | | |
| Cumberland Wind Field | | NSSC | | |
| Glooscap Wind Field Inc. | | | | |
| Gold Coast Wind Field | | NSSC | | |
| iEnvirotek Inc. | | NSSC | | |
| Isle Wind Field Inc. | | NSSC | | |
| Northeastern Community Investment Incorporated | | | | |
| Northumberland Wind Field Inc. | | | | |
| Sou'Wester Wind Field Inc. | | | | |
| Sunset Funeral Cooperative | | | | |
Funds Under Development
More funds
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Persons involved with the management of a fund should know the following:
ETC Regulations
• Dept. of Justice
Investment Pacing
• Dept. of Finance
• NSSC - TBA
 | CEDIF Information Sheet
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