Finance committee  Thank you very much for the question. I would say that more always helps, but I think the point of social innovation and social finance is that it's different. That's what the social economy has shown in Quebec and around the world. Changing the way we attack social, economic and

Finance committee  I think the best example we've seen here in Canada is the model of Chantier here in Quebec, which has been around for a little over 20 years now. In a very short period of time, the contributions to employment and social development, the services to rural, remote and under-served

Finance committee  I totally agree. I think that's the point of social innovation and social finance. It's driven by local people. If there is local ownership and local investment, then the right environment—the right legal structure and the right regulatory structure—can enable local people to tak

Finance committee  I think that's an excellent starting point. In coming up with those numbers, we looked at what has been invested in other countries—they're putting significant sums into it—and what has been invested in the past, when governments supported the social economy federally in Canada.

Finance committee  I would say that the first one is number one. That's the overall strategy. In fact, one of the points we made in a letter to Minister Duclos and Minister Hajdu yesterday was about an integrated approach. In fact, all of the elements and recommendations in this booklet are mutuall

Finance committee  Yes, building on the model of the Quebec framework legislation of 2013, it really ensures there's a whole-of-government approach, because social economy, social innovation and social finance touch a wide range of departments and agencies. Yes, that helps to ground it.

Finance committee  I don't have a number. I have to say, these recommendations come from our members across the country, and that's one I'm a bit less familiar with. I think it really reflects the era we're in, where there's a lot more mobility and a lot more dynamism, and we need more flexibility

Finance committee  Thank you, Mr. Chair, and my thanks to the finance committee members for the opportunity to present today. The Canadian Community Economic Development Network is a national association of community organizations, cooperatives, credit unions, foundations, municipalities and citiz

Finance committee  Thank you for the question. I think the reflex for alternatives, especially among young entrepreneurs looking for collective enterprises, social entrepreneurship, is really taking off in universities and colleges. People are looking for alternatives, whether it's B corps, co-op

Finance committee  Thank you for the opportunity to present today, honourable Chair and members. The Canadian Community Economic Development Network is a national association of community organizations, co-operatives, credit unions, foundations, municipalities, and citizens working to enhance the

Finance committee  Thank you for that question. Probably the short answer is, no, I can't do it in just two minutes but I'll do my best. Impact investing—social finance—is the combination of people investing for social returns and not purely financial ones. It's a market that has been growing inte

Finance committee  Thank you very much. Thank you for the opportunity to present to you today. The Canadian Community Economic Development Network, or CCEDNet, is a Canada-wide association of community groups, cooperatives, credit unions, municipalities, foundations and citizens committed to enh

Human Resources committee  I think in terms of the challenges around social impact bonds or pay-for-performance, my comment earlier about disproportionate attention is that they are a sexy new tool, so they get a lot of attention. But as you heard from earlier witnesses, the areas or the specific kinds of

Human Resources committee  Thank you, Mr. Chair. Honourable members, thanks for the opportunity to present to you today. I can appreciate that we're in the second week of your study. Social finance is a very big term. It can be hard, perhaps, to wrap your head around it, so I wanted to share my time wit