Vancouver Island Community Investment Cooperative
Funder
Vancouver Island Community Investment Cooperative (VICIC)
Vancouver Island Community Investment Cooperative (VICIC)
Type
Loan
Loan
Region
Vancouver Island, British Columbia, Canada
Vancouver Island, British Columbia, Canada
Region
Gulf Islands, British Columbia, Canada
Gulf Islands, British Columbia, Canada
Community Investment Funds or CIFs are gaining popularity across Canada and internationally as tools for communities to build and support local economic and social development. In financial terms, a CIF is way for local people to direct their investments into local projects, CIFs are sometimes, but not always, accompanied by a tax credit and RRSP eligibility.