Community Economic Development Investment Funds

These offerings constitute an exempt offering of these securities only in Nova Scotia by authorized sales agents.

(Updated 02.27.2015)
(The CEDIF Offering Documents posted on this website may differ materially from updated versions. Please contact the CEDIF to obtain the newest version.)

Open for investment
FundMin/Max OfferingMinimum
Antigonish Investments LimitedRobert Inglis
The Bay Wind Field Inc.David Walton
BCA Growth FundDan MacLeod
Black Business Community Investment Fund Ltd.Njabulo Nkala
Celtic Current Inc.Martha Campbell
Farmworks Investment Co-operativeLinda Best
Horton Ridge Malt & Grain Company Ltd.Alan Stewart
Investissement Clare Investments LimiteeYvon Samson
Kings Riverside Investment LimitedDan MacLeod
Margaree & Area Community Fund Inc.Brian Peters
New Dawn Innovation Fund LimitedLeonard Murray
Watts Wind Energy
Wayfarers' Ale Community Investment Ltd.Jamie Aitken
West Nova Argo Commodities Ltd.Jonathan McClelland
Wind4all Communities Inv Fund IVAusten Hughes

More funds >>

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 >>

Wind Energy Swoops up CEDIF's in Nova Scotia
Resources Quarterly issue(Text Version)
Magazine link
Securities Commission


2014 CEDIF Meeting
A meeting will be held October 8, 2014 at the Art Gallery of Nova Scotia Theatre. The meeting is scheduled to start at 10 a.m. (to allow for persons coming in from outside Halifax) and will conclude no later than 3:00 p.m.

It would be appreciated that persons interested in attending reply to Derek Harvey at or by calling 902-424-5256

The Nova Scotia Securities Commission and the Department of Finance will also be represented and will be available to take your questions and concerns. This is also a great opportunity for you to meet Derek Harvey, who will be taking over the CEDIF file for the next twelve months.

Thanks and hoping to re-connect with many friends.


2014 CEDIF Presentation - ETC Program (Power Point)
CEDIF Sept 2014 CP (Power Point)


2013 CEDIF Meeting Registration Form

2013 CEDIF Meeting Agenda

Introduction to the COMFIT program

Jeff Larsen CEDC Renewable Electricity Opportunities in Nova

RRSP to RIF Conversions Peter
12.02.2013   NSSC Publishes Notice 45-712
01.23.2012   New leadership structure for Just Us! Coffee Roasters
05.25.2011   Recent Events Affecting Community Economic-Development Investment Funds (CEDIFs)
11.17.2010   Form 1 Offering Document Revised November 17, 2010
06.16.2010   Community Economic Development Investment Fund Regulation Amendment
12.22.2009   Some like to take a local risk - Chronicle Herald
11.13.2009   Government of Canada Invests in Economic Development Program for Southwestern Nova Scotia
07.30.2009   2009 CEDIF Meeting(s) have been scheduled

More news >>


Over the past 11 years, a pattern has emerged where Funds develop an Offering Document and attachments through the summer and early fall, so as to attain an Equity Tax Credit Certificate (Minister of Finance) and Letter of non-objection (NS Securities Commission) in early December. This enables the Fund(s) to be able to sell into the period between December and 60 days after the calendar year end, also known as the "RRSP season".

There have been exceptions to this general rule with successful offerings completed in the summer months, however, the majority of applications continue to be submitted in late October.

It is expected that a significant number of offerings will be done again this year and the table below outlines what is expected to be available to local investors.

While a Fund or Funds may not be open for investment at this time, persons interested in learning more about any of these Funds is encouraged to contact them directly.


The Department of Economic and Rural Development and Tourism (the “ERDT”) has no relationship with any of the following businesses or companies, and is not recommending, endorsing, guaranteeing, or selling them as investments. They are being presented on this website to the general public on an “as is” basis. While the information on this site may deal with legal, financial, business or investment issues, it does not constitute legal, financial, business or investment advice. If you have specific questions related to information available on this site, you are encouraged to consult an advisor who can provide you with the advice based on the particular circumstances of your situation.

Due to the rapidly changing nature of the law, or financial, business, or investment information, the ERDT does not warranty or guarantee the accuracy or availability of the content on this site or on other sites to which we link.

In no event will the ERDT be held liable to any party for any damages arising in any way out of the availability, use, reliance on or inability to use the ERDT’s website or any information provided by or through the ERDT website, or for any claim attributable to errors, omissions or other inaccuracies in, or destructive properties of any information provided by or through, the ERDT’s website.