Enterprise Saskatchewan
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The Invest in Saskatchewan Program encourages Saskatchewan people to support economic growth in their province by investing in funds called Labour-Sponsored Venture Capital Corporations (LSVCC). The LSVCCs, in turn, invest in small and medium-sized businesses based in Saskatchewan. These investments help Saskatchewan companies grow and create jobs.
Individuals investing in the shares of a provincially registered LSVCC are eligible for both a provincial tax credit equal to 20% of the cost of their investment and a 15% federal tax credit on the first $5,000 invested in each year. Two types of funds are registered under the LSVCC Act:
- Employee Investment Program Funds allow employees to set up a fund to invest in the company that employs them
- Broad-based Pool Funds open to any Saskatchewan resident to invest
This information is intended to introduce you to the LSVCC program and is not intended as a substitute for the governing Act or regulations.
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Saskatchewan Financial Services Commission
Please contact the Saskatchewan Financial Services Commission (SFSC) to complete the approval process for Pool Funds and obtain information for Employee Funds. Follow this link to the SFSC Web site.
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Justice and Attorney General
Please follow this link to obtain information from the Corporations Branch.
2010 CDTF Funding Now Available
January 8, 2010
The government is calling on Saskatchewan communities that were adversely affected by the economic downturn to apply for funding from the Community Development Trust Fund (CDTF) for economic revitalization projects.
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