Figure 1
Eighteen Labour-sponsored Investment Funds
in Canada, Sponsor Names and Corresponding
Legislation, by Jurisdiction, 1995
Name and Founding Year Union Sponsor(s) Governing Legislation
Fonds de solidarité des travailleurs du Québec (FTQ), Inc. (1983) Fédération des travailleurs et travailleuses du Québec Act to create the Fonds de solidarité des travailleurs du Québec (FTQ)
Working Ventures Canadian Fund, Inc. (1988) Canadian Federation of Labour Federal Income Tax Act and provincial statutes
Working Opportunity Fund (EVCC), Ltd. (1991) Working Enterprises, Ltd. (owned by eight unions including the British Columbia Federation of Labour) Employee Investment Act (British Columbia)
Crocus Investment Fund, Inc. (1992) Manitoba Federation of Labour Manitoba Employee Ownership Fund Corporation Act
Integrated Growth Fund, Inc. (1993) United Food and Commercial Workers Int’l Union; Labourers Int’l Union of North America, Amalgamated Clothing and Textile Workers Union; United Brotherhood of Carpenters and Joiners of America Labour-sponsored Venture Capital Corporations Act (Ontario)
DGC Entertainment Ventures Corporation, Inc. (1993) Directors Guild of Canada Labour-sponsored Venture Capital Corporations Act (Ontario)
Active Communications Growth Fund, Inc. (1994) Alliance of Canadian Cinema, Television and Radio Artists Labour-sponsored Venture Capital Corporations Act (Ontario)
Canadian Medical Discoveries Fund, Inc. (1994) Professional Institute of the Public Service of Canada Labour-sponsored Venture Capital Corporations Act (Ontario)
Capital Alliance Ventures, Inc. (1994) Professional Association of Foreign Service Officers Labour-sponsored Venture Capital Corporations Act (Ontario)