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Get to know Northern Development Initiative Trust

Northern Development Initiative Trust is an independent, non-profit corporation established in 2005 by the provincial government of British Columbia. It was founded with an initial endowment of $185 million to act as a catalyst for a strong and diversified economy in its service region. The Trust stimulates economic growth by providing funding and support to local governments, First Nations, and businesses for projects that strengthen communities and foster regional development.

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Northern Development Initiative Trust

Canada

Founded in

2004 (22 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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