Enabling community investment

Community Investment Funds (CIFs) are locally sourced and controlled pools of capital that are capitalized by individual investors within a specific geography or community. The proceeds of CIFs are directed towards a range of businesses and organizations that help achieve provincial objectives such as job creation, small and medium sized business development, and affordable housing. Many community investment funds are enabled by policy tools that include investor tax credits and, in the strongest examples, the articulation of simplified regulatory environment that eases the process of registering and reporting for a community investment fund.