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If there is difficulty in finding good investments for the CEDIF, are there provisions to allow the CEDIF to hold capital if they are not able to place it responsibly?

April 26, 2017able Capital cedif difficulty good hold investments

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If there is difficulty in finding good investments for the CEDIF, are there provisions to allow the CEDIF to hold capital if they are not able to place it responsibly?

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In developing this program, a problem was not envisioned in this area as there are many excellent small companies throughout the Province who would be interested in equity investments. However, should investment difficulties arise, each situation will be assessed by staff of EDT to determine the CEDIF’s adherence to “spirit and intent”.