Social Finance and Impact Investing
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Social Finance and Impact Investing
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New to social finance? Here’s what you need to know about this powerful new approach to investment that puts impact at the forefront.
Disbursement quota change released extra $711 million into charitable sector: Imagine Canada
New research into the impact of the disbursement quota changes has found that 1,190 foundations, primarily private, were affected. According to Imagine Canada’s principal researcher David Lasby, these foundations would previously have been “disbursing below the levels required by the new quota.”
Protecting rural housing: Saltbox Fund founder on the power of lending circles
KJ Conyers-Steede is piloting a peer-to-peer community financing model that can be scaled and replicated across rural Canada.
Fighting predatory lending: West Coast credit unions join philanthropic effort
The DUCA Impact Lab has so far partnered with Ontario credit unions Kindred and Your Neighbourhood to fund its Escalator Loan program, which provides loans to people stuck in the payday loan cycle. Now, Vancity and Coast Capital will also be providing funding.
Canadian foundations back non-profit networks to help fix “piecemeal” core funding
Nine funders, led by the Lawson Foundation, announced that they would be providing multi-year general operating support to non-profit networks and associations.
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