The objective of Trillium Growth Capital is to finance small and medium-sized enterprises in assorted Ontario industries for the purpose of creating and preserving employment. In so doing, it also aims to attain capital appreciation for individual investors. Sponsored by the Brewery, General and Professional Workers' Union, the fund was incorporated in 1994.
The mandate of the Vengrowth Investment Fund is to invest in small entrepreneurs and enterprises that offer high value-added products and services and the potential to create jobs. Long-term capital growth realized from these investments will be passed on to shareholders. The fund was incorporated in Ontario in 1994 and is sponsored by the Association of Public Service Financial Administrators (with a membership of 2,300).
The Workers' Investment Fund was incorporated in New Brunswick in 1994 and is designed to create and maintain employment through equity financings in small and medium-sized firms. This, in turn, will generate capital appreciation for shareholders, the majority of whom will be workers affiliated with the sponsor, the New Brunswick Federation of Labour (with a membership of 37,000).
Incorporated Ontario in 1995, the Retrocomm Growth Fund is sponsored by the International Brotherhood of Electrical Workers/Construction Council of Ontario (with 14,000 Ontario members), the Labourers' International Union of North America, and the Ontario Pipe Trades Council (with 13,000 Ontario members). The fund will finance job- creating deals that promote environmental renewal, construction and retrofiting. Returns will go to both individual and institutional investors.