It’s too early to predict when the fund might be able to pay off its final shareholder
The recent decision by Vancouver-based GrowthWorks Capital Ltd. to suspend sales and distributions of its GrowthWorks Canadian Fund may signal more than just the cash crunch for a single investment vehicle — it also symbolizes the significant headwinds facing the once-booming labour-sponsored investment fund sector. GrowthWorks says its decision to halt sales and distributions of […]
Units of Crocus were pulled from the market in 2004
Manitoba regulator says penalties would have been paid out of funds that could still be recovered by investors
Tax credit cut to 10%; will be eliminated entirely in 2012
Funds raised to be invested in Manitoba-based businesses
Golden Opportunities Fund and GrowthWorks Canadian Fund may have a rough ride in current volatile climate
Province an “inhospitable VC environment”, RVFA says
GrowthWorks Atlantic Venture Fund is aiming to get a piece of Atlantic Canadians’ annual $1.5 billion in RRSP contributions
It looks as if this year will be the last RRSP season for ENSIS Growth Fund. The fund appears destined to vanish from the investing landscape as a result of Vancouver-based GrowthWorks Ltd.’s acquisition last fall of its manager, ENSIS Management Inc. of Winnipeg. Proposals are currently before the boards of both funds to merge […]