Halifax Seaport Farmer’s Market announces second offering of shares


Holly Gordon from The Halifax News Net reports in her article "Investing in Green", the announcement of a second offering of shares and a new community program from Fusion Halifax and the Farmer's Market Investment Cooperative.   Shares for the soon to be built Seaport Farmer's Market are selling for $50 each.

Get this, last year's offering raised $697.877 and this year's share raising goal is $1.8 million.  As well, the provincial government is offering tax credits with bought sharesto make investing in the Farmer's Market more lucrative.  Investor's get a 30% Nova Scotia tax credit when committing to market shares for five years, with additional credits for longer investments.

Shares can be bought both as RRSP's or non-registered shares and existing RRSP's can be transferred to Farmer's Market shares.  This second offer of shares ended Feb. 28th.  So, too late for those reading this blog, but an interesting idea for folks wanting to leverage capital in Nova Scotia.   Would this not be an obvious idea for the Ontario Government and even the Federal Government to create incentives for investment in local communities?

And that's not all...  Fred Klcup, manager of the Farmer's Market explains to  Holly Gordon about a Community Connectors program that will provide market-research to look at health, immigration, environment and arts communities in Halifax and find out how to connect those communities to the market. “We want to find out how they (the communities) see benefit and value in the Farmers’ Market and how we can work together to create a stronger, more vibrant community,” Kilcup said.

For more information, go to Halifax Seaport Farmers' Market website

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