NCL is a Nova Scotia registered co-operative. Through extra provincial registration NCL is able to invest and operate as a co-operative in other provinces and communities across Canada
NCL invests in income earning businesses and rental properties that sustain communities.
We're able to do this because our members and investors purchase shares in the co-op; the co-op then invests the funds into income earning businesses or rental properties, often in partnership with other owners.
Potential investment projects must be active for-profit businesses or rental properties with good income.
Prospective projects must be commercially viable, have a sound business plan reflecting local market conditions, good management, and potential for growth and profitability.
Consistent with the principles and spirit of the cooperative movement, NCL makes long-term, stabilizing, and transformative investments for the mutual benefit of our member-owners and the community we invest in.