Impact startups and small businesses want to build a more equitable post-pandemic recovery in Canada, but they need support to thrive and innovate. There is now a fast-growing movement of early-stage impact investors supporting solutions to systemic issues.
As part of Canada’s plan to rebuild the economy post-COVID, the federal government aims to welcome a record number of immigrants into the country in 2021 — but to fully unlock the country’s economic recovery, Canada needs to go beyond immigration numbers and tackle other internal employment gaps that newcomers in the country face.
Roughly two-thirds of Canadian charities alone implemented some form of remote work policy in 2020. Effectively running an organization remotely is complicated, and analysis by workplace experts suggests the practice could become more popular in years to come.
Shutting down may actually be the best solution to a social impact organization’s financial challenges, lack of need, or changing mandate. Yet few resources exist to make this transition. Canadian grantmakers do not offer funding to organizations looking to close their doors, an expensive undertaking at the best of times.
Much of the social impact world’s learning and development happens through connection — learning from others in the field, and having deep conversations. A pandemic makes that difficult, but not impossible, says e180’s Christine Renaud.