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This new impact investing initiative aims to tackle Canada’s most pressing challenges. What’s their plan?

Why It Matters

The aftermath of COVID-19, along with ongoing systemic racism, will require hefty investments in everything from public health to community economic development. Impact investment is one way to do that, but some leaders say there isn’t a lot of coordination among investors themselves.

This founder’s new program is reactivating Indigenous concepts of investing — here’s how

Why It Matters

“A key strategy in the colonization process, the residential school system, and the Indian Act, was to remove Indigenous Peoples from the land and displace Indigenous economies for the benefit of the settler population,” reads the Sage Initiative website. “This initiative is designed to reverse that process.”

The Canadian government wants to improve the Investment Readiness Program. Here’s what 11 sector leaders say needs to happen.

Why It Matters

Social purpose organizations need help preparing for investment, but some sector leaders say the IRP is not quite as flexible, equitable, or fair as it should be — which makes readiness difficult.

Canada’s small businesses are closing. This organization is working to save them — by turning them into social purpose businesses.

Why It Matters

It’s estimated that, even before COVID-19 struck, 700,000 small businesses in Canada were already at risk of closure in the next ten years, because they don’t have viable succession plans. And the pandemic made local business and community self-sufficiency even more urgent. Social acquisitions could be a big part of the solution.

Hudson’s Bay Company launches ‘Charter for Change’ to fund racial equity projects across Canada

Why It Matters

Hudson’s Bay Company was deeply involved in British colonialism across a third of what is now Canada for 200 years. The company’s monopoly was based on the racist ‘doctrine of discovery’ and helped to destroy traditional Indigenous ways of life.