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Introducing Solar Scotia Energy Inc.

Solar Scotia Energy Inc. is pleased to launch its third share offering, to finance the mass installation of solar photovoltaic (PV) systems on residential properties in Nova Scotia and create an opportunity for sales of solar hardware to 3rd parties. 

Investments in Solar Scotia Energy Inc. are RRSP eligible, and investors may qualify for the 35% non-refundable Equity Tax Credit applicable to Nova Scotia income taxes otherwise payable, which may be carried forward 7 years and backwards 3 years. 

Investors may be eligible for further non-refundable NS Equity Tax Credits of 20% for a second 5-year holding period and 10% for a third 5-year holding period of the investment. ETC rollovers after the initial 5 year holding period are not guaranteed and additional conditions apply.

December 3, 2018 is the deadline for investing, so contact us for more information! 

Nova Scotia's First Solar CEDIF 

Solar Scotia Energy's first two share offerings raised over $1.7 million.

 

Funds invested in Solar Scotia Energy Inc. have been used to finance solar PV installations for around 60 properties, primarily residential, throughout Nova Scotia.

The installations as part of Solar Scotia Energy's first phase will reduce CO2 emissions by about 20,000 tonnes over the lifetime of the systems, approximately 25-30 years. This is the equivalent of planting 4000-6000 trees in Nova Scotia, or taking 88 cars off the road!

What is a CEDIF?

A Community Economic Development Investment Fund (CEDIF) is an initiative of the Province of Nova Scotia to spur economic development. There are a number of benefits to investing in a CEDIF, including the opportunity to invest your money locally and encourage economic growth in Nova Scotia, as well as tax advantages.

   
   
   

Disclaimer:  THIS CEDIF OFFERING MAY BE A HIGH RISK INVESTMENT. THIS OFFERING IS MADE THROUGH AN OFFERING DOCUMENT, WHICH CAN BE OBTAINED FROM AN AUTHORIZED SALES AGENT, BY CALLING ANDREW BAGLEY, CHRISTINE HEAP, AMANDA BRULÉ OR LEE KAIZER AT (902) 812-1050. THIS OFFERING CONSTITUTES AN EXEMPT OFFERING OF THESE SECURITIES ONLY IN NOVA SCOTIA BY AUTHORIZED SALES AGENTS. INVESTORS SHOULD READ THE OFFERING DOCUMENT BEFORE MAKING AN INVESTMENT DECISION.

This offering is only available to residents of Nova Scotia. Investing in the CEDIF exhibits a number of risks and may not be suitable for all investors. A return of your initial investment and/or a return on your invested capital are not guaranteed. No securities regulatory authority has evaluated or endorsed the merits of this security or the disclosure in the Offering Document. Investors are strongly encouraged to review the risks of investing in this offering, as outlined in the Offering Document, before making an investment.