Share Offerings & RRSPs

CCWF offered shares for sale in 2007, 2010, 2011, 2012 and 2016 through Offering Documents that were vetted by the NS Securities Commission. The sales in 2010-2012 supported the continuing development of the Tatamagouche wind field on Spiddle Hill in the northern section of Colchester County.

The 2012 and 2016 share offerings raised sufficient equity capital to meet the requirements for the expansion under the COMFIT program.

Shareholder RRSPs

Shareholders may choose to place CCWF shares in a Registered Retirement Savings Plan (RRSP).  Before doing so, the long-term financial plan of the shareholder should be considered as well as the annual fees for having the shares in an RRSP.

The Canada Revenue Agency (CRA) provides considerable information on topics concerning RRSPs, including the requirement to move the shares to a Registered Retirement Income Fund (RRIF) before age 72, or withdraw the shares from the plan.

RRSP accounts may be opened with any accepting financial institution, but CCWF shares need to be acceptable to the specific institution.

RRSP Fees to CWC

 The CCWF has an arrangement with the Canadian Worker Cooperative Federation (CWC) for the holding of RRSP account containing NS CEDIF shares. The annual fee to CWC is considerably lower than some other institutions, and the fee is collected by CCWF. Shareholders with CWC RRSPs receive yearly directions for the paying of the fee through the use of the adjacent PayPal button, or some other payment option.