Canada’s latest budget makes big commitments to the social impact world. Here’s what you need to know.

The Liberal government’s proposed national childcare program is front-and-centre in Monday’s federal budget, alongside major investments in green innovation and the social sector’s recovery.

Why It Matters

Social impact organizations have watched with alarm as the pandemic saps the livelihoods, food access, educational opportunities, jobs, and medical needs of Canadians  — as well as their own capacity. Canada’s federal budget promises massive investments to correct that.

The words “social impact” never left Deputy Prime Minister Chrystia Freeland’s mouth as she tabled the 2021 federal budget in Ottawa on Monday afternoon, but the sector’s priorities feature prominently in her government’s spending promises for the coming year. 

Social impact leaders were dismayed at their lack of representation in last year’s Throne Speech and fall economic statement, two proto-budget documents that made big promises on climate, employment, and EI reform policy, but barely mentioned the sector at all. That is no longer the case for the 739-page federal budget released on April 19. 

It includes major spending commitments on a national child care policy, promises to create up to a million new jobs across Canada by the end of 2021, and concrete details on the launch of the Social Impact Fund — not to mention new philanthropic funding for Bl

 


For limited access, create a FREE account

Limited Time Offer

Unlimited Access

Only $24 for the year 

80% off the standard annual membership ($119.50)

Enjoy unlimited access to insightful social impact journalism, special reports, talks and events that fuel your learning, development and decision-making.

For group membership discounts, contact us. community@futureofgood.co

Already have an account? Log in

These special introductory offer is not available to current subscribers of the same subscription type. Your payment method will automatically be charged in advance the introductory rate indicated in the offer above for 1 year, and after 1 year the indicated standard. Your subscription will continue until you cancel. Cancellation takes effect at the end of your current billing period. HST taxes apply. Offer terms are subject to change