CEDIF Management
Clients Covey Island Boatworks Investment Fund Inc. (CIBIF) has been created to stimulate business and economic activity on Lunenburg’s waterfront and to provide an investment vehicle to allow the community’s participation in this renewed “Working Waterfront”.Operating under the guidelines of Nova Scotia’s “Community Economic Development Investment Fund” (CEDIF), significant tax credits have been made available to further benefit investors. CIBIF’s investment philosophy and guiding principles are as follows: Lunenburg should be a destination for the boating community both locally and internationally. A marina and other related services are presently absent on Lunenburg’s waterfront but they represent strong prospects to grow the economic activity of the waterfront. Lunenburg’s economy, identity, culture, and its appeal as a place to live and work is related to the town’s status as a working waterfront community. The waterfront is the core economic engine of Lunenburg, not only in direct marine-related jobs, but also as a major generator of visits in the town’s successful tourism sector. The overwhelming conviction is developing that a reactivated working waterfront is possible, practical and is the best use for this unique resource. The community should play a part and reap the rewards of investing in a rejuvenated working waterfront. For more information about investing: |
