Nominations for the Investment Advisory Committee of the Canadian Co-operative Investment Fund

The Canadian Co-operative Investment Fund is currently seeking candidates to serve on its Investment Advisory Committee. (Deadline for applications is October 8th, 2023, by 5pm)

CCIF aims to appoint new members with knowledge of lending, investing and underwriting to serve on its Investment Advisory Committee (IAC).

A profound comprehension of the co-operative enterprise landscape, business growth, risk management, financial literacy evaluation, as well as a clear understanding and support for CCIF’s purpose and mission, are essential prerequisites for Committee membership.

Within CCIF, it is vital to include a diverse range of professional backgrounds and perspectives from individuals with firsthand engagement in the co-operative sector. These are integral components of its selection process.

Please express your interest in serving on this committee below. The deadline to apply is October 8th, 2023.

What is the Canadian Co-operative Investment Fund (CCIF)?

The Canadian Co-operative Investment Fund (“Fund” or “CCIF”) was launched in November 2017. This Fund supports the development and expansion of individual Canadian co-operatives with loans, loan guarantees and quasi-equity sourced from the national co-operative sector.  The need for such a Fund has long been recognized by the sector.  

Roles and Responsibilities

The Fund Manager will provide to the advisory committee, for all investment to be considered by the committee, and investment report that includes and analysis of the investment, investment risks and any particular terms and conditions for the investment.

The Investment Advisory Committee has the mandate to provide advice to the Fund Manager, and if requested, to the General Partner on the following matters:

Review of proposed investments

review and provide advice on investments that are over $200,000 or any other such policy limit established by the General Partner with regard to investment risk and terms and conditions of the investment.
review and provide advice on proposed equity investments with regard to investment risk and terms and conditions of the investment.

In providing advice to the Fund Manager the Committee will have due regard for the financial and non-financial objectives of CCIF. These include:

achievement of financial returns for the Fund and its investors in order to meet financial and financial sustainability objectives.
the beneficial social and community development impacts including (individual, economic, environmental and social) outcomes.
the growth and sustainability of the Canadian co-operative movement and small-medium enterprises (demonstration of co-operative principles, repeatable and scalable enterprises).

The IAC will have due regard for the achievement of these objectives in the portfolio as a whole and that these outcomes may not all be achieved in each CCIF investment.

Portfolio risk

The Fund Manager will provide a semi-annual report to the committee with an investment portfolio risk assessment, and an assessment of the securities held by CCIF for review and comment. The results of this review will be provided to the General Partner for consideration.

Investment policy review

As requested by the General Partner, the advisory committee will assist in the annual process of review of the investment policy.

The required qualifications

Be bondable,
Be 18 years of age or older,
Be mentally competent,
Not be in a state of undischarged bankruptcy, and
Have no pending lawsuit against the CCIF Co-op (including where the individual is on the board or in the management of an entity which has such a pending lawsuit),
Not have been convicted of a criminal offence for which a pardon has not been granted.
Applicants must be employees or affiliated with a CCIF member (sponsored)

You would like to join the Investment Advisory Committee of CCIF? Please fill out the form down below.

Name(Required)

First Last

The name of the organization you are working for.(Required)

Address(Required)

Street Address Address Line 2 City Province Postal Code

Email(Required)

Phone(Required)

Add your biography here (maximum of 250 words)(Required)

Please make a brief statement here indicating why you would like to serve on the CCIF IAC (maximum of 250 words)(Required)

Support Letter(Required)

Accepted file types: doc, docx, Max. file size: 512 MB.

Please upload the support letter from the organization that supports your candidacy. Please make sure that the letter is a Word format.

I also declare that, to the best of my knowledge, I do meet these requirements. (Required)

I do meet these requirements.

Date(Required)

Get in touch to learn more