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 potential tax benefits.

Key features

  • 35% non-refundable provincial equity tax credit (the 35% tax credit is the maximum non-refundable tax credit against Nova Scotia income tax payable, if the investment is held for 5 years.)

  • 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

CEDIFs combine equity ownership 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.

  • Backr Ltd is offering shares at $1,000 / minimum per person and a maximum $50,000 per person in this offering.

  • Yes — investors receive a non-refundable 35% tax credit against Nova Scotia income tax payable, if the investment is held for 5 years.

  • CEDIFs can be RRSP eligible.

  • Investment in small business involves a high degree of risk, and investors should not invest any funds in this Offering unless they can afford to lose a substantial portion of their investment, have read the entire offering document, and have consulted with their financial advisor.