Government of Nova Scotia gov.ns.ca
gov.ns.ca Government of Nova Scotia Nova Scotia, Canada
 
Economic and Rural Development

Community Development Trust Fund in Nova Scotia

In March 2008, the governments of Canada and Nova Scotia announced the Community Development Trust Fund to help transition vulnerable Nova Scotia communities and sectors affected by globalization. The trust fund provides $34.9 million over three years 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
The province has agreed to respect Canada's obligations under the North American Free Trade Agreement, the Canada-United States Softwood Lumber Agreement, and the World Trade Organization in administering its portion of the trust funding. Economic and Rural Development is administering the Trust on behalf of the Province.

In the first year of the Trust, 12 community and multi-year sectoral initatives, totalling $25 million, were approved for funding.

*Announced in Nova Scotia Budget 2008.

Agriculture Industry Revitalization $750,000*
Aquaculture Development $2.5M (over 3 yrs)
Business Development Pilot program $200,000*
Canso Inshore Fishery Transition $800,000
Forestry Joint Government-Industry Task Force Action Plan $2.52M (over 3 yrs)
Foresty Transition Program $4.37M*
Local Food Networks/Farmers Markets $2.3M (over 3 yrs)
Nova Scotia Boat Builders $1 M (over 2 yrs)
Seafood Processing Sector Revitalization $3.75M (over 3 yrs)
Sydney Harbour Dredging Pre-Construction Up to $2 M (over 2 yrs)
Tourism Niche Marketing $2.5M (over 3 yrs)
Trenton Works Plant Transition Up to $2.6 M (over 2 yrs)
Weymouth Downtown and Waterfront Revitalization Project $700,000 (over 2 yrs)


Greater economic diversification, new or enhanced products and markets, and strengthened competitiveness are among the goals of the projects funded to date. Many of these initiatives are currently underway and will continue to be implemented over the next two years.

How do you access the Community Development Trust:

Community stakeholders who would like to access the Trust will work with provincial government departments and agencies to develop proposals for funding under existing departmental programs. The minimum submission is $100,000.

Government departments and agencies will then forward proposals meeting the requirements of the Trust to the Department of Economic and Rural Development. The proposals are then prepared for review by an inter-departmental steering committee. All submissions will require Executive Council approval. Government departments and agencies will accept proposals until March 2011. All funding must be spent by March 31, 2012.

Trust principles

The Government of Nova Scotia indorses and is committed to the following guiding principles for the administration of the Community Development Trust:

Local Leadership
Communities must play a leadership role in all initiatives.

Flexibility
Initiatives must be adaptable, innovative and creative, in order to transform unpredictable challenges into new opportunities.

Sustainable Economies
Initiatives must reflect social prosperity and sustainable competitiveness.

Focus on Community Assets
Initiatives must build on existing community capacity and assets.

Collaborative Approach
Initiatives must acknowledge that governments, business and communities share the responsibility of long-term prosperity.

Measurable Impact (Accountability)
Initiatives must demonstrate anticipated economic benefits exceed anticipated costs.

Social Inclusion
All community members have the opportunity to become engaged and are able to access an initiative?s social and economic benefits.

Balance
Initiatives must recognize that the economy, environment and people are interconnected with sustainable communities.

Forward looking
Initiatives must be forwarding looking, with investments based on what we know and can predict about the future.

For more information:

Frequently Asked Questions

Community Development Trust Program Proposal Format*
(Adobe PDF 30KB)


*Individual departments will have additional information requirements depending on the program accessed.