Employee Ownership Trusts now law, make it easier for Canadian business owners to share wealth with employees

Why It Matters

When outside interests take over a small or medium business, manager positions are usually the first to be cut, removing large salaries from communities. Often, the business is purchased then closed, leaving holes in the community. Employee Ownership Trusts help businesses stay in local communities when a business has no successor, and contribute to employee retention and financial wealth.

PREVIEW: A Q&A with MP Ryan Turnbull on Canada's social finance future

Why It Matters

The Parliamentary Secretary to the Minister of Finance talks about Canada's current state of social finance and the role of government in ensuring all Canadians have equitable access to capital, and ensuring that money changes communities and lives for the better.

WEBINAR REPLAY: Canadian Black entrepreneurs should create the next Google / Les entrepreneurs noirs canadiens devraient créer le prochain Google

Why It Matters

Il n'existe qu'un seul fonds canadien, BKR, pour financer l'entrepreneuriat noir dans le domaine de la technologie. Lorsqu'ils obtiennent un financement, les entrepreneurs noirs reçoivent des prêts, rarement des fonds propres. Le Québécois Wils Theagene estime qu'il est urgent de changer de système et de créer une véritable chaîne de financement pour les entrepreneurs de la communauté noire. There is only one Canadian fund, BKR, to finance Black entrepreneurship in technology. When they get funding, Black entrepreneurs receive loans, rarely equity. Quebec's Wils Theagene sees a pressing need for a system change, creating a real financing chain for entrepreneurs from the Black community.

Technical staff and clean data key to being granted money for AI projects, funders say

Why It Matters

Few funders focus on technology and artificial intelligence grants. Few technically skilled staff in the non-profit sector can expertly handle data science, machine learning, and artificial intelligence projects.

Report Card: Non-profit leaders give their score for Federal Budget 2024

Why It Matters

The broad positive impact that social purpose organizations have on Canadian society is often underappreciated or misunderstood. Social purpose leaders share their thoughts on the federal budget and how it will impact their organizations and the communities they support - including yours.

First-generation Canadians in non-profit sector have lower job satisfaction: study

Why It Matters

Newcomers often turn to non-profit organizations for Canadian work experience, but new data reveals that 34 per cent of first-generation Canadians are dissatisfied with those roles. Could building more inclusive work cultures change that?