Ten observations about the state of Canada’s outcomes-based finance efforts

The Raven Indigenous Impact Foundation and the Sorenson Impact Institute at the University of Utah have published the first comprehensive report on Canadian Outcomes-Based Finance.

Why It Matters

Between 1960 and 2023, public social expenditures more than doubled from less than 10 per cent of GDP to more than 20 per cent on average across Organization for Economic Cooperation and Development (OECD) countries. However, these investments in social and environmental causes have not resulted in as much impact as hoped. The answer partly lies in how those resources are deployed in these causes.

A new study sheds light on how Canada is using investment money for public good.

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