Saskatchewan Development Fund Corporation

Saskatchewan Development Fund Corporation is a crown corporation established by the Government of Saskatchewan in Canada to provide residents with a low risk investment fund. Established in 1973, shares were sold to the general public in Saskatchewan until 1983.[1]The fund continues to operate, however new shares are not offered for sale. The fund had also offered RRSP, Deferred Profit Sharing Plans and term-certain annuities. By 1982, the combined fund reached a value of $42 million; since that point the board has concentrated on the remaining clients and on the orderly wind-down of the fund; by 2007, the funds assets were reduced down to $3.2 million.[2] The development fund act was repealed in 2013.[3]

References
  1. "Saskatchewan Development Fund Corp". Crown Investments Corporation. Retrieved 2019-09-08.
  2. "Saskatchewan Development Fund Corporation". Crown Investments Corporation of Saskatchewan. Archived from the original on 2009-02-28. Retrieved 2019-09-08.
  3. "S-14 – The Saskatchewan Development Fund Act (Repealed)". Publications Saskatchewan. Retrieved 2019-09-08.
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