Series - Editorial Fellowship: Social Finance in Canada Suncor Energy Foundation 2023/24

Government of Canada announces three Social Finance Fund wholesalers

Author Diane Berard
Realize Capital Partners, Boann Social Impact, and CAP Finance will administer the long-awaited fund

Why It Matters

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.

var TRINITY_TTS_WP_CONFIG = {"cleanText":"Government of Canada announces three Social Finance Fund wholesalers. This independent journalism is made possible by the Future of Good editorial fellowship on social finance and impact investing for an equitable future, funded by Suncor Energy Foundation. On May 29, Minister for Families, Children, and Social Development Karina Gould launched a long-awaited $755 million Social Finance Fund. It has been a six-year journey since the first announcement of the fund as part of the Ottawa 2018 Fall Economic Statement.\u00a0 \u201cIt was a tough process,\u201d the Minister said at the launch event in Ottawa. \u201cWe have never done this before. We had to build something new and find a way government can work with non-profits, social innovators, and the finan

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