Much like a food desert, a banking desert has a large impact on a community, affecting everything from both personal and small business loans to day-to-day transactions. Advocates say when banks move out of a community, there should be an obligation for them to provide some sort of in-person solution.
The 2025 Canadian social finance sector's challenges include unlocking much more private capital for intentional positive impact, pricing nature services, and growing the purpose economy.
The December holiday season is one of the main fundraising times for non-profits and charities. While the Canada Post strike is over, direct mail to current and former charitable donors is being delivered late, impacting non-profitsโ bottom lines. Thousands of Canadian charities sent letters to the federal government asking for an extension.
The December holiday season is one of the main fundraising times for non-profits and charities. While the Canada Post strike is over, direct mail to current and former charitable donors is being delivered late, impacting non-profitsโ bottom lines.