Series name: Social Finance in Canada | Suncor Energy Foundation (2023/24)
About This Series
From the Government of Canada's Social Finance Fund to Future of Good & SVX's annual Social Finance Forum that both occurred in June 2023, Canadians are wondering about the potential opportunity for social finance to solve complex problems. This journalism fellowship, supported by Suncor Energy Foundation, will allow Future of Good to bring dedicated news, insights and analysis to this important topic.
Government of Canada announces three Social Finance Fund wholesalers
The federal government says its plan is to catalyze $2 in private social investment for every $1 spent throughout the $755 million Social Finance Fund’s administration. That’s a huge amount of money for social purpose intermediaries.
How an $18.6 million dollar fund helps community organizations beat speculators and own their own spaces
The real estate crisis is forcing community organizations to devote more and more of their funding to rent at a time when demand for their services is growing. Moving isn’t an option for community-based organizations who need to be where their clientele is, but innovative social finance could provide solutions.
How tax credits and social finance are building a healthy future for Nova Scotians
Canada’s small-scale farmers and food producers face a myriad of challenges, including access to capital. Could community investment funds provide a solution, while also building resilient food systems and healthy people?
A new pilot program aims to encourage equity-crowdfunding — will it work?
Non-profits and co-operatives could be leveraging community bonds and preferred shares to raise capital, but many don’t. A new pilot program in Quebec hopes to change that by matching every dollar invested.