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Archived Content
As of June 19, 2014, the operation of Enterprise Cape Breton Corporation has been transferred to both the Atlantic Canada Opportunities Agency and the Public Works and Government Services Canada.  Content on this site has been archived for reference, research or recordkeeping purposes.
 
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ECBC

About ECBC | Board of Directors | Staff

ECBC is a Crown corporation established pursuant to Part II of the Government Organization Act, Atlantic Canada, 1987 (also known as the Enterprise Cape Breton Corporation Act). It is the principal federal government organization for economic development on Cape Breton Island and in Mulgrave, NS.

ECBC’s small geographical focus, local control and flexible mandate enable the Corporation to devise initiatives that are specific to local needs and priorities. The Corporation can take an executive leadership approach to economic challenges, bringing together all stakeholders in the local economy for direction and input.

As a Crown corporation, ECBC is a distinct legal entity reporting to Parliament through the Minister of the Atlantic Canada Opportunities Agency (ACOA).

In addition to its own programs, ECBC is responsible for the delivery of ACOA's programs on Cape Breton Island as well as the environmental remediation and human resource obligations of the former Cape Breton development Corporation.

Our Mission 

ECBC focuses on the major issues affecting the economy of Cape Breton Island and the Mulgrave area. Its mission statement reads:

In partnership with all levels of government, the private sector and other community stakeholders, ECBC will use its broad and flexible powers to assist, promote and co-ordinate efforts that foster an environment supportive of the generation of wealth to effect sustainable job creation throughout Cape Breton Island and Mulgrave. 

Legislative Powers

ECBC’s enabling legislation provides the Corporation with a broad range of powers that include the authority to:

·            lend money with or without security or interest;
·            make grants; 
·            invest in shares or securities; 
·            guarantee repayment; 
·            purchase, lease or otherwise acquire or sell land; 
·            hold mortgages; and
·            do all other things the Corporation deems incidental or

       conducive to the attainment of its objectives.

Organizational Structure

The Corporation operates from its main office in Sydney, NS. Internally, ECBC is organized along four key business lines - commercial development, community development, environmental stewardship and property development.

 
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