Company Information

Get to know Parry Sound Area Community Business & Development Centre Inc.

The Parry Sound Area Community Business & Development Centre (CB&DC) is a federally supported, not-for-profit Community Futures Development Corporation (CFDC). Funded by Innovation, Science and Economic Development Canada through FedNor, its mission is to stimulate community and economic growth throughout the Parry Sound region. The organization provides entrepreneurs with essential services, including business loans up to $300,000, complimentary business counseling, and support for community-based economic development projects. It has been serving the local community for over 30 years, aiming to create and maintain employment by fostering a strong and sustainable business environment.

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Parry Sound Area Community Business & Development Centre Inc.

Canada

Founded in

1986 (40 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 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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