Community Development Trust Fund in Nova Scotia

In March 2011, the Community Development Trust completed its third and final year. The $34.9 million Trust was jointly established in March 2008, by the governments of Canada and Nova Scotia to enhance sustainable prosperity in four strategic areas:
  • economic and trade diversification
  • improved productivity, innovation and training
  • preparing for and developing community transition plans
  • helping workers face adjustment challenges
On behalf of the province, the Department of Economic and Rural Development and Tourism administered the Trust. The Community Development Trust has been fully invested in 24 community and sectoral initiatives across Nova Scotia, as follows:

Aboriginal Affairs:
Membertou Development$1.7 million
 
Agriculture:
Agriculture Industry Revitalization $750,000
Local Food Networks / Farmers Markets$2.3 million
Agri-Food Sector Immigration Pilot $260,000
 
Economic and Rural Development and Tourism:
Business Development Pilot program$200,000
Canso Inshore Fishery Transition$800,000
Pictou County Economic Development Strategy$200,000
Transition of the Former TrentonWorks Plant$4.3 million
Weymouth Downtown Development $700,000
Amherst Downtown Development$500,000
Rural Communities Foundation of Nova Scotia $500,000
 
Fisheries and Aquaculture:
Aquaculture Development$2.5 million
Sustainable Aquaculture$750,000
Boat Builders Market Diversification$1.15 million
Seafood Sector Renewal$3.75 million
 
Natural Resources:
Bowater Mersey Co. Ltd. Diversification$2.5 million
Forestry Task Force Action Plan $2.52 million
Forestry Transition Program$4.37 million
 
Tourism, Culture and Heritage:
Tourism Niche Market Development$2.5 million
South West Nova Tourism Transition$200,000
 
Transportation and Infrastructure Renewal:
Sydney Harbour Dredging Pre Construction$1 million
Sydney Harbour Dredging Environ. Mgmt. Plan$120,000
 
Labour and Workforce Development:
Voluntary Sector Professional Improvement Initiative
 
Office of African Nova Scotian Affairs:
Black Loyalist Heritage Centre$750,000

Total

$34.9 million