News
11.01.2006
Shean Investment Co-operative successfully closes offering
A total of $635,000 was invested in our CEDIF by 78 investors. All funds are invested in Shean Co-operative Ltd. of Inverness.
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10.23.2006
The Mount Business Investments Inc. has received its Letter of Non-objection for 2006-07
The Mount Business Investments Inc. has received its Letter of non-objection from the Nova Scotia Securities Commission, and its Equity Tax Credit Certificates from the Department of Finance.
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10.12.2006
Community Development Funds seek to raise millions for wind power in Nova Scotia
Several community development corporations collectively referred to as the Scotian WindFields are preparing to issue shares through Nova Scotia's Community Economic Development Investment Fund (CEDIF).
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09.26.2006
First Angel Network to provide seminars on “Attracting Equity Capital”
Starting this October, a series of seminars on “Attracting Equity Capital” will provide Atlantic Canadian small and mid-sized enterprises with
fundamental skills in raising capital through the sale of equity.
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09.25.2006
Annual Meeting of Community Economic Development Investment Funds
The Annual Meeting of Community Economic Development Investment Funds (CEDIF’s) was held on Thursday, September 14, 2006 at the Museum of Industry in Stellarton, Nova Scotia.
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09.21.2006
New FAQ for Review
The following questions and answers have been prepared to assist people interested in CEDIF's and we need your feedback.
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09.21.2006
The Port Hood RV Co-operative Limited has received its letter of Non-objection for 2006-07
The Port Hood RV Co-operative Limited has received its Letter of non-objection from the Nova Scotia Securities Commission, and its Equity Tax Credit Certificates from the Department of Finance.
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09.11.2006
Annual Meeting of Community Economic Development Investment Funds
The 2006 Annual Meeting of CEDIF's is scheduled for September 14, 2006 - 9:00 am - 4:00 pm at the Nova Scotia Museum of Industry in Stellarton.
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08.09.2006
The Port Bistro Inc. has received its Letter of Non-objection for 2006-07
The Port Bistro Inc. has received its Letter of non-objection from the Nova Scotia Securities Commission, and its Equity Tax Credit Certificates from the Department of Finance.
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07.04.2006
Any CEDIF applications received by the Dept of Finance after June 30, 2006 may not qualify for the 20% guarantee. If the Financial Measures Act (budget) passes without amendment to the changes concerning the guarantee they will not qualify.
02.09.2006
Responses to community fund critics
These letters are in response to an article published in the Chronicle Herald entitled Brokers issue warning .
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02.08.2006
Brokers issue warning - Chronicle Herald
Canada’s stockbrokers are raising a red flag this RRSP season about people parking money in community economic development investment funds.
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02.08.2006
Fund helps to create arts centre in Truro - Chronicle Herald
Al Begin put $5,000 into a community economic development investment fund to see a new arts centre in his hometown, not to see a big return in his portfolio.
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12.12.2005
CEDIF Presentation to NovaKnowledge Event at SMU, Dec 9, 2005
Chris Payne, from the Office of Economic Development, presented this overview of Community Economic Development Investment Funds at a NovaKnowledge Event discussing access to equity capital for growing companies.
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08.23.2005
2005 CEDIF Brochure - Community Economic Development Investment Funds
Nova Scotians invest more than $600 million annually in RRSPs. Less than 2% of this is reinvested in Nova Scotia.
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07.23.2005
Funds that keep your money home - Halifax Daily News
The best thing about RRSPs is they help us save for the future. At the same time, unfortunately, they send hundreds of millions of dollars out of Nova Scotia.
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05.17.2005
Signs improve for community development investments - Chronicle Herald
Generally speaking, Nova Scotians don't have a lot of money to throw around on investments.
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04.16.2005
Investment Funds Help Communities Grow
Nova Scotians invested record amounts in community investment funds last year, fuelling growth in rural and urban areas around the province.
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03.16.2005
Unique CEDC Ltd. has received its Letter of Non-objection for 2004-05
Unique CEDC Ltd. has received its Letter of non-objection from the Nova Scotia Securities Commission, and its Equity Tax Credit Certificates from the Department of Finance.
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02.25.2005
Two additional funds receive Letters of Non-objection for 2004-05
Two additional funds have received their Letter of non-objection from the Nova Scotia Securities Commission, and their Equity Tax Credit Certificates from the Department of Finance.
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02.22.2005
Four more funds receive Letters of Non-objection for 2004-05
Four more funds have received their Letter of non-objection from the Nova Scotia Securities Commission, and their Equity Tax Credit Certificates from the Department of Finance.
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12.14.2004
Black Business Community Investment Fund Receives Letter of Non-objection
The Black Business Community Investment Fund has received their Letter of non-objection from the Nova Scotia Securities Commission, and their Equity Tax Credit Certificates from the Department of Finance.
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10.12.2004
Inverness to pursue links course development with local investment
Despite several setbacks in the pursuit of a links golf course for Inverness, neither the Inverness Development Association nor supporters of the concept have given up.
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08.18.2004
CEDIF FAQ Updates
Three new FAQ have been added to the CEDIF FAQ page.
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07.27.2004
CEDIF Brochure - What is a Community Economic Development Fund?
Nova Scotians invest more than $600 million annually in RRSPs. Less than 2% of this is reinvested in Nova Scotia.
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07.27.2004
Meeting of all CEDIFs being planned for September
Another meeting of all persons involved in CEDIFs, including those persons currently active with a Fund, those involved in development of a new Fund, and those simply interested in becoming involved, is now being planned. More >>
07.16.2004
New Dawn 2004 Offering Document Online
New Dawn Enterprises Limited, incorporated in 1976, is the oldest Community Development Corporation in Canada and is a Founding Member of the Canadian CED (Community Economic Development) Network. More >>
02.24.2004
CEDIFs - Financing Growth in your Community
The Province of Nova Scotia encourages investment in CEDIFs by providing a 30% personal income tax credit and a limited guarantee against the final 20% of the investment.More >>
02.24.2004
Victoria County CEDIF Reaches Maximum Amount of Investment
The Victoria County CEDIF has successfully reached the maximum amount of investment as outlined in the offering document and will not accept any further subscriptions.More >>
02.24.2004
Victoria County CEDIF Reaches Maximum Amount of Investment
The Victoria County CEDIF has successfully reached the maximum amount of investment as outlined in the offering document and will not accept any further subscriptions.More >>
02.05.2004
Nine Funds Open For Investment
Three more Funds have received their Letters of non-objection from the Nova Scotia Securities Commission, and their Equity Tax Credit Certificates from the department of finance. More >>
02.04.2004
Upcoming Public Information Sessions
A number of the Funds are having public information sessions. More >>
02.02.2004
Change to Minimum Number of Investors
Further to the CEDIF session held in Stellarton in the fall, there is no longer a requirement for 25 investors in second or subsequent offerings. More >>
01.26.2004
Four More Funds Open For Investment
Four more Funds have received their Letters of non-objection from the Nova Scotia Securities Commission, and their Equity Tax Credit Certificates from the department of finance. There are now six Funds soliciting for investment. More >>
Two Funds Open For Investment
Two Funds have received their Letters of non-objection from the Nova Scotia Securities Commission, and their Equity Tax Credit Certificates from the department of finance and are now soliciting for investment. More >>
12.02.2003
CEDIF Meeting Wrap Up
A meeting of persons involved in CEDIFs was held in Stellarton, November 14, 2003. More than 40 persons attended and the feedback from the session has been positive. More >>
10.8.2003
CEDIF Meeting November 14th, 2003
This day long meeting is meant for persons who are currently involved with a CEDIF as a director, promoter officer or other capacity or are interested in developing a Fund in their community. More >>
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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
• Download
(1.1MB PDF)
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