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Are the CEDIFs targeted only to small business? Can they also be used for quasi business community activities such as community recreation facilities?

April 26, 2017activities Business facilities quasi Recreation small business Used

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Are the CEDIFs targeted only to small business? Can they also be used for quasi business community activities such as community recreation facilities?

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Yes. CEDIFs are to involve doing business. They are not a means of carrying out municipal infrastructure. CEDIFs are profit-oriented organizations that promote income and economic growth within the community, as well as increasing the tax base.