Latest News

The Export Navigator Program extended

The Export Navigator Program has officially been extended for an additional six months!

We are continually working to improve this pilot program for our clients and are developing resources to help improve you and your community’s exporting knowledge. During Small Business Week, October 16-20, we will be hosting another edition of Introduction to the Export Process for FREE, courtesy of the Province of British Columbia. Participants will gain a better understanding of how to achieve exporting success beyond B.C. borders, both internationally and domestically. This webinar is targeted to service providers and economic development organizations who are curious about international trade and want to better understand exporting. Go to  https://www.picatic.com/introexportoct17 to register for these free webinars.

Proposed changes: Tax planning using private corporations

On July 18, 2017 the Department of Finance released a consultation paper, Tax Planning Using Private Corporations, targeting the following three tax planning strategies involving the use of private corporations:

  •  Income sprinkling using private corporations,
  •  Holding a passive investment portfolio inside a private corporation, and
  •  Converting a private corporation’s income into capital

The consultation paper sets out the nature of these issues in more detail, outlines some potential solutions to address them and invites input from Canadians. Proposed legislation targeting income sprinkling (including the multiplication of the lifetime capital gains exemption) and converting income into capital gains was also released along with the consultation paper.

The proposed measures, if implemented, will have a significant impact on private companies.

Full document can be read here. Thanks Cara Light of Grant Thorton LLP

Kelly McBride New to Community Futures Team

On September 1, 2017, Community Futures Central Island welcomed Kelly McBride to our team.

McBride will take on the job of Business Development and Credit Officer, responsible for creating the best customer experience for our loan clients. She will be reporting directly to Executive Director Jolynn Green while providing a key leadership role throughout the small to medium business loans process.

“Kelly’s background in business on a global level and fresh outlook of local business issues are true assets to our organization” states Ed Poli, Community Futures Central Island Board of Directors Chair.  Her most interesting occupation was assisting with the planning and delivery of the 2014 International Festival of Business, a 50-day festival in Liverpool which attracted 68,600 business attendees from 92 countries at 415 events.

McBride recently finished her contract with the Central Vancouver Island Multicultural Society and brings comprehensive experience in public service and non-profit environments to Community Futures, along with superior knowledge of human resources, partnership development, staff leadership and financial management.

Community Futures provides business loans and advice that is tailored to the needs of individual small and medium sized business.  Community Futures is a non-profit, small business development organization – based in the community and for the community. Our wide variety of business loans and tools are designed to help entrepreneurs and small business owners achieve their goals. We provide financing alternatives to small and medium enterprises when access to credit is a challenge to start or grow their business. To learn more go to cfnanaimo.org.

 

 

 

 

 

Entrepreneur In Residence Program

Do you ever wonder what your business would look like if you had someone you could talk to about your big vision, your next steps, what might get in the way of reaching that big goal and how to overcome these obstacles, so you can really succeed?

Our Entrepreneur In Residence program will provide you access to a business expert to offer you that clarity, the path to achieving it, and the belief in you that you can actually make it all happen with the right resources. And the best part - it's only $150 for 12 weeks of support. Today is your opportunity to experience powerful business counsel. 

The first intake is under way and the next intake is ongoing. Complete the application and email in today!   Entrepreneur in Residence Application here. Contact leslie@cfnanaimo.org with any questions.
  
 

Professional office space for lease!

Home office getting a bit cramped? 

Community Futures Central Vancouver Island has 2 professional office spaces for lease, in the Old City Quarter.

Newly renovated, all inclusive, ground level, accessible entry and unfurnished at present. WIFI, mailbox, parking spot and shared reception provided. ]

Contact 250.591.7499 for full details.

Opportunity for Creative Entrepreneurs.

Are you, or someone you know, a creative entrepreneur that would benefit from taking part in my doctoral research?

The purpose of my research is to learn how creative entrepreneurs can master their passion to design better entrepreneurial programs to support long-term success.   http://bit.ly/2rgOy8g
Specifically, I'm looking for people who are: Creative entrepreneurs (self-identified);  Beyond the startup phase; Ready to get serious about commercializing their business; Available and willing to commit fully to the coaching sessions; Island-based (or able to be part of a virtual group of 3)

Fiona Robinson
Doctorate of Social Sciences Candidate, Royal Roads University
250-667-3496 Nanaimo Make It To Market

 

David Mailloux - Volunteer of the Year

In April, Volunteer Canada and Community Futures celebrate Canada’s 12 million volunteers during National Volunteer Week.

This year marks the 14th year Volunteer Canada has delivered the campaign in partnership with Investors Group, a longstanding supporter of National Volunteer Week.

The Community Futures Central Island's Volunteer of the Year for 2017 is David Mailloux.  Community Futures relies on volunteers such as David and recognizes the dedication and business acumen he brings to the table.

“David’s background in marketing and tourism as well as his linkage to the Port Authority keeps us abreast of local initiatives involving these sectors. “He has been a positive influence and keen asset to the organization. Most importantly his progressive outlook and sense of humour are true assets to our organization” states Ed Poli, Chair.

Mailloux is currently Vice Chair of our volunteer board of directors and Chair of our Marketing Committee. His volunteer commitments include BC Ocean Boating Tourism Association, the Nanaimo Tourism Leadership Committee and Canada 150.

David Mailloux took over the position of Manager, Communications & Public Affairs – Nanaimo Port Authority in 2014, his most Interesting occupation to date. “I am learning that one never stops learning when working in Communications,” states Mailloux.  He understands, especially with small businesses, saying “what if” creates possibilities.  Passion is a core ingredient for achieving success and happiness in business and in life.

Community Futures provides business loans and advice that is tailored to the needs of individual small and medium sized business.  Community Futures is a non-profit, small business development organization – based in the community and for the community. Our wide variety of business loans and tools are designed to help entrepreneurs and small business owners achieve their goals. We provide financing alternatives to small and medium enterprises when access to credit is a challenge to start or grow their business. 

 

Hire For Talent

According to a study by Statistics Canada in 2015, 55% of 2.3 million Canadians with disabilities aged 25-64 are unemployed.

A recent study by Guelph University found that unemployment rates are twice as high among graduates with disabilities and that those who attain employment earn $4,000 to $6,000 less per year than their peers without disabilities.

As explained by the project’s coordinator, Jean-Guy Levesque, this project is very important for Canada’s labour market: “We need to recognize that individuals with disabilities bring a variety of skills and abilities to the workforce. By creating employer awareness we can help reduce some of the barriers these individuals face when seeking employment. And at the same time, the project will help small and medium-sized businesses by encouraging economic growth.”

The main output of the Hire for Talent project will be a pan-Canadian employer awareness campaign in both official languages. Awareness strategies and informative coaching tools will be developed and hosted on a Web-based Tool Kit. This project is funded by the Government of Canada’s Opportunities Fund for Persons with Disabilities.

www.hirefortalent.ca

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Communities Served

Ladysmith, Nanaimo, Gabriola Island, Lantzville, Nanoose, Parksville, Qualicum Beach, Bowser, French Creek, Lasqueti Island

CONTACT US

Community Futures Central Island
#14 - 327 Prideaux Street
Nanaimo, BC
V9R 2N4

T: 250.591.7499
T: 888.303.2232
T: 877.585.5385
F: 250.591.7498