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Thursday, September 1, 2011

Government equity stakes in Nova Scotia governments

Posted By on Thu, Sep 1, 2011 at 12:12 PM

The following information is related to today's editorial:

Equity stakes through Economic and Rural Development:

Composites Atlantic: $4 million in preferred shares; ERDT has an observer on its board of directors

DSTN Trenton: $19.6 million in common shares; ERDT has a director on its board of directors

ACF Equity: $3.07 million in common shares; ERDT has no representation, however we own 13% of shares         

  Harbourside Commercial Properties in Sydney: $9.7  in preferred shares; as this company is owned by the province, all directors are provincial employees

Seaside Communications: $4 million in preferred shares; no representation

Nova Scotia Co-op: $1 million in preferred shares; no representation

Equity stakes through Nova Scotia Business, Inc:

    Diaphonics $2,353,630    

DHX Media $3,000,000    

Unique Solutions  $5,628,108    

Tech Link $7,000,000    

Origin $5,728,000  

  Impath $4,000,000  

  Intelivote $2,000,000    

Dynagen $1,000,000    

Kytogenics $2,000,000    

Navitrak $150,000    

Azorus $2,000,000    

LED Roadway $10,000,000    

Halifax BioMedical $2,000,000

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