Where does the Social Finance Fund stand in a post-COVID universe?

Author Jack Graham
Millions of dollars could go toward reviving devastated communities

Why It Matters

The governmentโ€™s landmark Social Finance Fund was set to launch this year, claimed to generate up to $2 billion in economic activity and create 100,000 jobs. But where do those plans stand in the midst of 2020โ€™s extreme events, and what role could it play in rebuilding communities after COVID-19? In the first article in a new special report, Future of Good examines what the fund means for Canadaโ€™s social finance market, and for societal recovery.

var TRINITY_TTS_WP_CONFIG = {"cleanText":"Where does the Social Finance Fund stand in a post-COVID universe?. When the landmark $755-million Social Finance Fund was first announced in 2018, the government could never have expected the circumstances they would face in 2020 \u2013 the year the fund was expected to launch. The COVID-19 pandemic has left millions of Canadians in desperate need of support. The economic impact has been devastating, particularly for low-income Canadians. Businesses are struggling to stay afloat and unemployment has been soaring. More than eight million people have applied to the Canada Emergency Response Benefit so far. For Canada\u2019s most vulnerable people, COVID-19\u2019s impact has been particularly severe. The disease has disproportionately affected the elderly,

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