Community Economic Development Business
A company or association that meets the criteria prescribed by the Community Development Equity Tax Credit Act and regulations may be registered as a community economic development business by the minister of Finance and Municipal Affairs.
The Prince Edward Island Securities Act, including Local Rule 45-508 and Blanket Order 51-501, applies to a community economic development business that engages in a distribution or a trade in a share of its own issue that is, or is part of, a specified issue in respect of which a tax-credit certificate has been issued by the minister of Finance and Municipal Affairs.
For information on the application of Prince Edward Island securities law to a community economic development business, please contact:
Curtis A. Toombs, General Counsel
Consumer, Corporate, and Insurance Division
Department of Justice and Public Safety
4th Floor Shaw (South) 95 Rochford Street
Charlottetown, PE C1A 7N8
Telephone: (902) 620-3008
Fax: (902) 368-5283