ACDF SERVICES
ACDF SERVICES
The Arctic Co-operative Development Fund (ACDF) was established in 1986 through a joint initiative of federal and territorial
governments and the Northwest Territories Co-operative system. ACDF was created to provide long-term, stable financing to
support locally owned and controlled Member Co-ops.
The Arctic Co-operative Development Fund (ACDF) was established in 1986 through a joint initiative of federal and territorial governments and the Northwest Territories Co-operative system. ACDF was created to provide long-term, stable financing to support locally owned and controlled Member Co-ops.
Initial Funding
ACDF was launched with $10.4 million in funding from the Department of Regional Industrial Expansion, Indian and Northern Affairs Canada, and the Government of the Northwest Territories. This funding supported start-up costs, annual resupply financing, store and facility development, refinancing, and the settlement of payables owed by individual
Co-operatives.
Mission Statement
As the financial arm of the Co-operative Movement, the mission of the Arctic Co-operative Development Fund is to provide financial services to its Member-Owners so they can support one another in achieving and maintaining financial stability, sound business practices, and operational growth.
ACDF operates with a commitment to financial responsibility, education, collaboration, and socially responsible practices that support the long-term strength of Member Co-operatives and the communities they serve.
Initial Funding
ACDF was launched with $10.4 million in funding from the Department of Regional Industrial Expansion, Indian and Northern Affairs Canada, and the Government of the Northwest Territories. This funding supported start-up costs, annual resupply financing, store and facility development, refinancing, and the settlement of payables owed by individual Co-operatives.
Mission Statement
As the financial arm of the Co-operative Movement, the mission of the Arctic Co-operative Development Fund is to provide financial services to its Member-Owners so they can support one another in achieving and maintaining financial stability, sound business practices, and operational growth.
ACDF operates with a commitment to financial responsibility, education, collaboration, and socially responsible practices that support the long-term strength of Member Co-operatives and the communities they serve.