The Conservative government is throwing its support behind social-impact bonds – an experiment that rewards private investors for putting cash toward social causes.
The government on Monday released a list of projects that could be financed in this way, such as programs to build housing for people with disabilities, reduce recidivism among young offenders or encourage more young aboriginals to learn a skilled trade. Ottawa said it will work with interested groups toward launching projects.
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We have recently started a project with The Home Depot Canada Foundation, and are working with one another to articulate the social purpose of affordable housing for youth.
The Foundation is a proud supporter of The Ontario Non-Profit Housing Association's 2013 Housing Opens Doors campaign -- a traveling exhibit designed to generate awareness about the affordable housing crisis in Ontario and change the perception of affordable housing across Ontario.
We went down to Yonge & Dundas Square this afternoon to check it out. Read more about this initiative here.
Susanna Bair's article, "Getting to the Heart of Money" discusses the growing movement toward socially- and environmentally-sustainable business.
Paul Klein is presented as a thought leader in this area, and provides some of his viewpoints on the refocusing of corporate priorities on The Triple Bottom Line. Read more in the article below.
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