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

CEDIF Funds

There are now 44 CEDIFs in Nova Scotia that have successfully closed at least one offering. These Funds, through a total of 77 offerings, now manage over $25 million in assets. The capital of these Funds has been invested by 3,697 individual Nova Scotians (some repeat investors will reduce this number) to be invested in their communities. Interest in the program continues to grow, as evidenced by the growth of new Funds, additional offerings by existing Funds and the amount of capital which has flowed into these entities, especially over the past two years. (July 15, 2008)

1999-2000
 Fund   Type   Total Raised   Investors
BCA Investment Co-operative Limited New Fund 713,000 201
Concrete Investments LimitedNew Fund 306,750 27
West Nova Cranberry Venture Fund New Fund 108,500 33
1,128,250 261


2000-2001
 Fund   Type   Total Raised   Investors
BCA Investment Co-operative Limited Second Offering 564,000 158
Hants Ventures Inc.New Fund 432,582 54
Northeastern Community Investments Inc. New Fund 258,000 50
West Nova Agro Commodities LimitedNew Fund 125,900 90
1,380,482 352


2001-2002
 Fund   Type   Total Raised   Investors
Ad Equity IncorporatedNew Fund 478,200 51
Baie Chedabucto Investment FundNew Fund 415,000 37
Bay Wind Field Incorporated New Fund 289,956 55
Evangeline Wind Field Incorporated New Fund 111,600 26
Northeastern Community Investments Inc. Second Offering 462,365 68
River John Oceanfront Resort Ltd.New Fund 433,100 30
Vale Corporate Training Investments Inc.New Fund 297,500 35
VMP Holdings Inc.New Fund 182,773 73
2,670,494 375


2002-2003
 Fund   Type   Total Raised   Investors
Baie Chedabucto Investment Fund Second Offering 422,000 31
Bay Wind Field Incorporated Second Offering 190,00028
BCA Investment Co-operative Limited Third Offering 378,00095
Cape Breton West Wind Field Inc.New Fund 97,27328
Just Us! Fair Trade Investment Co-op LtdNew Fund 477,000151
North Spring Equity LtdNew Fund 171,80033
Northeastern Community Investments Inc. Third Offering 633,10090
River John Oceanfront Resort Ltd. Second Offering 182,20016
2,551,373472


Offerings 2003-2004
 Fund   Type   Total Raised   Investors
4EverSports Holdings Inc.New Fund 497,15079
BCA Investment Co-operative Ltd. Fourth Offering 269,00067
Black Business Community Investment FundNew Fund 129,50040
Just Us! Fair Trade Investment Co-operative Ltd Second Offering 230,00090
New Dawn Holdings Ltd.New Fund 278,30036
La Residence Acadienne Co-operative LimitedNew Fund 474,50035
Vale Corporate Training Investment Inc. Second Offering 163,00023
Valley Funeral Home Co-operative LimitedNew Fund 158,00069
Victoria County Community Investments Inc.New Fund 600,00077
2,799,450516


Offerings 2003-2004
 Fund   Type   Total Raised   Investors
Bay Wind Field Incorporated Third Offering 243,56844
BCA Investment Co-operative Ltd. Fifth Offering 129,000 36
Black Business Community Investment Fund Ltd. Second Offering 94,800 31
Cape Breton Waterside Developments Ltd.New Fund 1,092,000 44
Just Us! Fair Trade Investment Co-operative Ltd. Third Offering 375,000 114
La Residence Acadienne Co-operative Ltd Second Offering 108,000 10
Northeastern Community Investments Inc Fourth Offering 331,700 40
Truro Investment Co-opertaive Ltd.New Fund 935,000 150
3,309,068 469


Offerings 2005-2006
 Fund   Type   Total Raised   Investors
Bay Wind Field IncorporatedFourth Offering 268,59236
Black Business Community Investment Fund Ltd. Third Offering 56,50032
Chebucto WindField Inc.New Fund 133,99433
Glooscap Wind Field Inc.New Fund 146,00036
Just Us! Fair Trade Investment Co-operative LimitedFourth Offering 332,00092
Media Fund (Atlantic) Ltd.New Fund 957,19550
Northeastern Community Investment IncorporatedFifth Offering 219,50024
Northumberland Wind Field Inc.New Fund 134,99442
Shean Investment Co-operative LimitedNew Fund 570,00073
Sou'Wester Wind Field Inc.New Fund 221,21832
Sydport Investment Co-operative Ltd.New Fund 226,00040
Unique CEDC Ltd.New Fund 1,988,629141
5,254,622631


Offerings 2006-2007
 Fund   Type   Total Raised   Investors
Antigonish Farm & Garden Community InvestmentsNew Fund 135,00034
Antigonish Investments Ltd.New Fund 627,00053
Baie Chedabucto Bay Investment FundThird Offering 503,00021
Black Business Community Investment Fund Ltd. Fourth Offering 60,00032
Chebucto WindField Inc.Second Offering 109,10940
Colchester- Cumberland WindField Inc.New Fund 177,42041
Dundee Holdings Company Ltd.New Fund 790,00042
Glooscap WindField Inc.Second Offering 177,27737
Just Us! Fair Trade Investment Co-op Ltd. Fifth Offering 196,00068
New Dawn Holdings Ltd.Second Offering 232,50023
Northumberland WindField Inc.Second Offering 176,30740
The Port Bistro Inc New Fund 940,00040
Port Hood RV Park Co-operativeNew Fund 465,00054
Shean Co-operativeSecond Offering 635,00078
Sou'wester WindField Inc.Second Offering 100,13118
5,323,744621


Offerings 2007-2008
 Fund   Type   Total Raised   Investors
Bay Wind FieldFifth Offering 129,00020
Black Business Community Investment Fund Ltd. Fifth Offering 90,20036
Chebucto WindField Inc. Third Offering 216,60059
Evangeline FundNew Fund 186,66627
Just Us! Fair Trade Investment Co-op Ltd. Sixth Offering 134,00042
Margaree and Area Community Fund Inc.New Fund 600,00055
New Dawn Holdings Ltd. Third Offering 676,87770
Port Hood RV Co-operative LimitedSecond Offering 255,00038
The Port Bistro Inc.Second Offering 310,00027
Whycocomagh Investment Co-operative LimitedNew Fund 367,00060
Totals2,965,343434
Cumulative Total to March 31, 2008 27,382,826 4131