Deloitte aims to make final payout in receivership that started in 2005
Dynamic Venture Opportunities Fund acquired by B.E.S.T. Investment Counsel
The court also denied the defunct labour-sponsored investment fund’s counter claim
Once the LSIF re-opens, Covington Capital anticipates redeeming up to 20% of the fund’s net asset value
The labour-sponsored fund’s former manager has voted against a resolution to wind up the fund
GrowthWorks WV Management has been ordered to repay $1.4 million to GrowthWorks Commercialization Fund
The fund has obtained a court to further extend the stay of creditor proceedings against the fund until Dec. 31
There are tax credits for investing in labour-sponsored investment funds, but most individual investors should steer clear
Budget 2016 proposes to restore the credit to 15% for share purchases of provincially registered LSVCCs for 2016 and subsequent taxation years
Venture-capital funds became poor performers before the Tories phased them out, but the Liberals want them back