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

Impact United plans to “mobilize billions in capital” to address everything from climate change to inequity.

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.

var TRINITY_TTS_WP_CONFIG = {"cleanText":"This new impact investing initiative aims to tackle Canada\u2019s most pressing challenges. What\u2019s their plan?. Impact United, a new initiative backed by ten major Canadian organizations, is promising to guide billions of dollars worth of impact investments towards causes as diverse as climate action, housing affordability, and racial equity.\u00a0 The initiative brings together foundations like the Inspirit Foundation and WES Mariam Assefa Fund, investors like finance cooperative Vancity, and even the Canada Mortgage and Housing Corporation to bridge a gap between prospective impact investors and investment opportunities. A statement announcing Impact United\u2019s debut says current and prospective impact investors capable of tackling Canada\u2019s mos

Future of Good journalism and events produce insightful analysis and knowledge you need to work and grow.

Read this article with a free account or explore membership options for unlimited access.