Google Translate Disclaimer

A number of pages on the Government of Saskatchewan`s web site have been professionally translated in French. These translations are identified by a yellow text box that resembles the link below and can be found in the right hand rail of the page. The home page for French-language content on this site can be found here:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

The results of software-based translation do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos, and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Invest in a Pool Fund

A pool fund LSVCC is an investment corporation that can issue shares to Saskatchewan residents. The funds are open to any Saskatchewan resident wanting to invest in a broad base of Saskatchewan sectors and businesses. In turn, Saskatchewan businesses can apply to access this venture capital to assist with startup or expansion.

Pool funds available for investment include the Golden Opportunities Fund Inc. and SaskWorks Venture Fund Inc.

Benefits

Investing in a pool fund LSVCC will give you a 35% tax credit (20%* provincial and 15% federal) for the first $5,000 you contribute each year. You must hold the investment for a minimum of eight years or you will be required to repay the tax credits. You also have the opportunity to profit through dividends and/or capital appreciations, which can contribute to your long-term savings. Investments are RRSP eligible.

*For the 2018 and subsequent tax years, the provincial tax credit will be reduced to 17.5%.

Through the pool fund LSVCC, your investments provide capital to eligible Saskatchewan businesses that create and maintain jobs, encourage long-term investment in local communities, and diversify the economy. 


Eligibility

Individuals

Individuals who are residents of Saskatchewan on the last day of the taxation year are eligible to invest for that taxation year.

Businesses

Businesses interested in receiving pool fund investments must be corporations or co‑operatives, have 500 or fewer employees, and pay at least 25% of salaries and wages to Saskatchewan residents. Businesses can contact Golden Opportunities Fund Inc. or SaskWorks Venture Fund Inc. for more information. 

How to Invest in a Pool Fund

Contact a licensed securities dealer/broker.

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