Eligible financial activities entitling new financial services corporations (NFSC) to tax credits

For the activities of the new financial services corporation to be eligible, they must be new, that is, they must be activities that were not previously carried out by another corporation.

The corporation must exclusively provide one or more of the eligible services.

Analysis, research, management, advisory and securities trading service or securities distribution

These services must be carried out by a securities dealer who is:

• an investment dealer
• a derivatives dealer
• a mutual fund dealer
• an exempt market dealer
• a restricted dealer

Securities advisory or securities portfolio management services

These services must be carried out by a securities adviser who is:

• a portfolio manager
• a restricted portfolio manager
• a derivatives portfolio manager
• an investment fund manager