Established in 1986 by Employment and Immigration Canada (now named Service Canada), Community Futures has been responsible for establishing 90 Community Futures organizations(CFs) throughout rural Western Canada, including 27 offices in Alberta.
In 1995, responsibility for Community Futures was transferred to Western Economic Diversification Canada (WD). Today, with core funding assistance provided by WD, the CFs in western Canada are actively engaged in a wide array of community economic diversification activities in their respective regions.
Given the importance of small business to Canada's changing economy, one of the primary focuses of the CFs is to foster entrepreneurial development by providing both financial and technical support to new and existing small businesses. CFs utilize their loan investment funds to achieve the strategic objectives established by their Boards with inputs from the communities they serve.
