Labour sponsored investment funds – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 03 Feb 2022 17:20:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Labour sponsored investment funds – Investment Executive https://www.investmentexecutive.com 32 32 An end in sight for Crocus investors https://www.investmentexecutive.com/news/from-the-regulators/an-end-in-sight-for-crocus-investors/ Thu, 03 Feb 2022 17:20:48 +0000 https://www.investmentexecutive.com/?p=438714 Deloitte aims to make final payout in receivership that started in 2005

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New name and manager for labour-sponsored fund https://www.investmentexecutive.com/news/products/new-name-and-manager-for-labour-sponsored-fund/ Mon, 22 Oct 2018 14:30:50 +0000 https://www.investmentexecutive.com/?p=357383 Dynamic Venture Opportunities Fund acquired by B.E.S.T. Investment Counsel

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Former GrowthWorks manager breached its obligations, court rules https://www.investmentexecutive.com/news/industry-news/former-growthworks-manager-breached-its-obligations-court-rules/ Fri, 25 May 2018 18:00:19 +0000 https://www.investmentexecutive.com/?p=350604 The court also denied the defunct labour-sponsored investment fund’s counter claim

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Covington Fund II to re-open early next year https://www.investmentexecutive.com/news/products/covington-fund-ii-to-re-open-early-next-year/ Mon, 11 Dec 2017 16:40:00 +0000 https://avatar.investmentexecutive.com/uncategorized/covington-fund-ii-to-re-open-early-next-year/ Once the LSIF re-opens, Covington Capital anticipates redeeming up to 20% of the fund’s net asset value

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GrowthWorks dispute remains unresolved https://www.investmentexecutive.com/news/products/growthworks-dispute-remains-unresolved/ Wed, 13 Sep 2017 18:05:00 +0000 https://www.investmentexecutive.com/uncategorized/growthworks-dispute-remains-unresolved/ The labour-sponsored fund’s former manager has voted against a resolution to wind up the fund

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Court rules in favour of labour-sponsored venture fund against fund manager https://www.investmentexecutive.com/news/industry-news/court-rules-in-favour-of-labour-sponsored-venture-fund-against-fund-manager/ Fri, 25 Aug 2017 16:00:00 +0000 https://www.investmentexecutive.com/uncategorized/court-rules-in-favour-of-labour-sponsored-venture-fund-against-fund-manager/ GrowthWorks WV Management has been ordered to repay $1.4 million to GrowthWorks Commercialization Fund

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GrowthWorks receives extension of stay period https://www.investmentexecutive.com/news/products/growthworks-receives-extension-of-stay-period/ Fri, 23 Jun 2017 16:35:00 +0000 https://www.investmentexecutive.com/uncategorized/growthworks-receives-extension-of-stay-period/ The fund has obtained a court to further extend the stay of creditor proceedings against the fund until Dec. 31

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LSIFs are a risky proposition https://www.investmentexecutive.com/tools_/for-your-clients/lsifs-are-a-risky-proposition/ Thu, 06 Oct 2016 13:00:00 +0000 https://www.investmentexecutive.com/uncategorized/lsifs-are-a-risky-proposition/ There are tax credits for investing in labour-sponsored investment funds, but most individual investors should steer clear

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Liberals reintroduce LSVCC tax credit https://www.investmentexecutive.com/in-depth_/special-reports/liberals-reintroduce-lsvcc-tax-credit/ Tue, 22 Mar 2016 21:25:00 +0000 https://www.investmentexecutive.com/uncategorized/liberals-reintroduce-lsvcc-tax-credit/ Budget 2016 proposes to restore the credit to 15% for share purchases of provincially registered LSVCCs for 2016 and subsequent taxation years

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Thumbs down on vencap credit https://www.investmentexecutive.com/newspaper_/news-newspaper/thumbs-down-on-vencap-credit/ Fri, 27 Nov 2015 05:00:00 +0000 https://www.investmentexecutive.com/uncategorized/thumbs-down-on-vencap-credit/ Venture-capital funds became poor performers before the Tories phased them out, but the Liberals want them back

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