Financing has been advanced to companies which were controlled or otherwise not independent of certain directors of Nova Scotia Business Incorporated at the time of the transactions. These investments totaled $39,023 (2006 - $34,894) and certain of these investments have specific allowances recorded against them totaling $5,515 (2006 - $5,489). Furthermore, payroll rebates in the amount of $4,515 (2006 - nil) were awarded during the year.

These transactions were carried out in the normal course of operations and on terms and conditions that would be similar to those of non-related parties.

The Corporation occupies premises for which no rental fee is charged by the shareholder. Management estimates the annual cost to lease the premises is approximately $627.