Why Canada’s public child care plan is a game changer for the social impact sector — and everyone it serves

Why It Matters

Around 80 percent of Canada’s non-profit and charity workers are women. Those who have children bear a disproportionate brunt of child care duties. Under a publicly-funded child care plan, the sector’s female workforce may be better able to balance work and family life.

Beyond donations: How two Canadian organizations are rebuilding community wealth post-COVID

Why It Matters

Since COVID-19 first hit Canada in March 2020, the gap between the rich and poor has grown wider in communities, with nearly 40 percent of Canadians reporting deteriorating finances over the last year. The organizations that typically help them, however, are also suffering, with more than two-thirds of Canadian charities reporting an average 30 percent revenue drop, over the last year. To rebuild after the pandemic, organizations will need to experiment with innovative new ways to mobilize social finance and build community wealth.

The Indigenous economy is worth $30 billion and climbing. Why aren’t investors getting more involved?

Why It Matters

Indigenous women entrepreneurs are opening businesses at twice the rate of non-Indigenous women. As Canada looks to rebuild its economy, it’s more important than ever to back Indigenous entrepreneurs — but despite this, there're still significant barriers to funding, including to the $755 million Social Finance Fund.

Scorecard: Does budget 2021 give us the social safety net we need? Social impact leaders weigh in

Why It Matters

COVID-19 has tested Canada’s social safety nets, and many would say they’ve failed that test. Historically oppressed and marginalized communities have fallen deeper into poverty and marginalization. The budget provides a roadmap for how the federal government plans to change this reality.

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

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.