Last verified: June 2026
Tenacity Works is a revolving loan fund run by the Canadian Worker Co-op Federation that invests in worker and multi-stakeholder co-ops across Canada. It provides term loans that co-ops can use to attract additional financing from banks, private investors, or the Canadian Co-operative Investment Fund. Loans run over a 5-year term at a fixed rate of prime plus two points, with a minimum rate of 8 percent. Note: the fund is currently fully committed and is not accepting new applications, with plans to reopen in 2027.
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