If the new shareholder is at least 19 years of age and a Nova Scotia resident, s/he will receive a $35 credit on their N.S income tax for every $100 share purchased when we have an Equity Tax Credit (ETC) in place. You should also know that under the legislation governing co-operatives, as members of a non-profit co-op ACC shareholders do not receive dividends or special benefits and our shares never change in value.

We register at least once a year. The next ETC begins July 1, 2011 and ends February 28, 2012.

If you would like to take advantage of this opportunity when an ETC is not in place, you can make a loan to purchase that will be converted into a shares when we register for the Equity Tax Credit.

Share purchase forms are also available on the rack in the Al Whittle Theatre lobby during any ETC registration.

Questions? Contact Fred Chipman at info@acadiacinema.coop or (902) 542-2141.