Nova Scotia CEDIFs

What is a CEDIF?

A Community Economic Development Investment Fund is a Nova Scotia investment structure that allows residents to invest locally while receiving significant tax benefits. CEDIFs are reviewed by the Nova Scotia Securities Commission and the NS Department of Finance.

Key features

  • 35% equity tax credit

  • Additional tax credits in year 5 and year 10

  • 5-year hold period

  • RRSP eligible (via approved vehicles)

  • Supports local businesses and community development

  • CEDIFs have raised more than $106 million in Nova Scotia (1999 to 2023)

Why Nova Scotians use CEDIFs

They combine equity ownership and tax savings with impact — fuelling job creation, business growth, and community resilience.

Disclosure: This CEDIF offering may be a high risk investment. This offering is made through an Offering Document, which can be obtained from an authorized sales agent at Backr.biz. This offering constitutes an exempt offering of these securities only in Nova Scotia by authorized sales agents. Investors should read the Offering Document before making an investment decision. The tax credit is against Nova Scotia income tax otherwise payable and that the Issuer must comply with all applicable legislation for investors to benefit from the tax credit

Frequently Asked

  • Yes — Backr is offering Common Class A Shares through a registered CEDIF.

  • $1,000 / minimum per person  / maximum $50,000 per person per year)

  • Yes — investors receive a non-refundable 35% Nova Scotia equity tax credit.

  • CEDIFs can be RRSP eligible.

  • CEDIFs are equity investments and carry risk. Review all offering documents carefully.