Mobilizing Private Capital for Public Good – Final Report (2010)

The Canadian Task Force on Social Finance was established in 2010 to identify opportunities to mobilize private capital for public good, within either non-profit or for-profit enterprises. The term “social finance” refers to an approach to managing money that delivers both a social or environmental dividend as well as an economic return.

The task force’s final report addresses three main challenges for social finance: the need to mobilize new sources of capital; the development of an effective enabling tax and regulatory environment; and the creation of an investment pipeline providing social entrepreneurs with business support to launch and operate their innovative ideas.

Specific recommendations include a partnership between the federal government and private, institutional, and philanthropic investors to establish the Canada Impact Investment Fund; the development of new bond and bond-like instruments that could channel private capital into effective social and environmental interventions; and the expansion of the eligibility criteria of government sponsored business development programs to explicitly include social enterprises.

The authors note that Canada’s ability to conceive and build social innovations will require more capital than is currently available through philanthropy and government. Canada’s emerging social finance marketplace will allow public and philanthropic capital to leverage significantly more private capital to achieve long-term benefits for Canadians.

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2013-02-08
APA citation
Canadian Task Force on Social Finance. Mobilizing Private Capital for Public Good – Final Report 2010. Web. 26 Feb. 2021 <http://en.copian.ca/library/learning/mobilizing_private_capital/mobilizing_private_capital.pdf>
Canadian Task Force on Social Finance (2010). Mobilizing Private Capital for Public Good – Final Report. Retrieved February 26, 2021, from http://en.copian.ca/library/learning/mobilizing_private_capital/mobilizing_private_capital.pdf
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