How to enable individual investment in community economic development is a fundamental question for those working to support the creation and growth of initiatives with social impact. Since 1999, Nova Scotia has used the model of Community Economic Development Investment Funds (CEDIFs), capital pooled from contributions by individuals, corporations and trusts within a defined community and used to fund business development within the defined community.

New Brunswick is the latest province to implement legislation to enable community investment through Community Economic Development Corporations (CEDCs). Individuals will now be able to purchase shares or securities in CEDCs in their local community to pool their resources together to invest in eligible community projects. CEDCs will be controlled by a local group of officers and directors.

Learn about what's unique about the New Brunswick model for community investment, key lessons learned in establishing the CEDC legislation, and more!

PRESENTER

Jeff Harriman, Senior Analyst-Capital Markets, Financial and Consumer Service Commission (FCNB)

Jeff is a Chartered Accountant, and is the FCNB’s main point of contact for our Fullsail capital markets initiatives. Currently he is working on a number of programs and initiatives relating to FCNB’s access to capital focus. Jeff joined the FCNB in June, 2007 in the Regulatory Affairs division as a Securities Analyst where his responsibilities included financial statement, and prospectus reviews. He has experience on several National Finance Committees. Prior to joining the Commission Jeff worked for 10 years with Deloitte & Touche, LLP, 7 within Saint John and 3 in Brisbane, Australia.

HOST

Wendy Keats, Executive Director of the Co-operative Enterprise Council of New Brunswick and CCEDNet Board Member

Wendy Keats is a co-founder and the Executive Director of the Co-operative Enterprise Council of New Brunswick, a leading CED agency in the province. Prior to this, she spent 18 years as a private CED consultant and trainer working with nearly 200 community groups in organizational development, strategic planning, governance, project management, and many other development areas. Wendy is a certified mediator and served as a senior faculty member of UPEI’s Centre for Conflict Studies for more than a decade.  She provides training and mediation services to all levels of government, business and the community. Wendy sits on numerous boards and committees related to CED and has a special passion for youth engagement and renewable energy.  She lives completely off-the-grid in the woods of Salisbury, tending her gardens and relaxing on the river whenever the hectic world of CED allows it.

ADDITIONAL RESOURCES

• New Brunswick Announces Draft Regulations for Community Economic Development Investment Funds
• New Brunswick Publishes Regulations Creating CED Corporations
• Community Economic Development Investment Funds: The Nova Scotia Experience
• CEDC Expression of Interest Form
• Offering Document for CEDCs

8:30am to 4:00pm
RBC Convention Centre
375 York Ave

The Winnipeg Social Finance Working Group is pleased to announce the first Winnipeg Social Finance Forum. This one-day conference will strengthen the practice and understanding of social finance in Winnipeg and Manitoba. Social finance describes lending and investment in impact-focused entities, including social enterprises, non-profits sand cooperatives.

Social finance is drawing increased attention across Canada and internationally. There are great opportunities in our communities that can be unlocked with the access to the right financing. Join local and national leaders to discuss the existing social finance landscape in Manitoba, and contribute to what the future holds.

The Winnipeg Social Finance Forum is an invite-only event. Please contact Darcy Penner for more information at d.penner at ccednet-rcdec.ca

Program (a detailed program will be released in the coming weeks):

Morning plenary sessions:

• National leaders presenting on social finance outcomes, challenges and trends
• Local leaders discussing existing social finance tools in Manitoba, how they work, challenges and opportunities

Afternoon 'deep-dive' sessions on topics including:

• A funders' forum for foundations, financial institutions and large corporations
• Social impact bonds
• National case studies of successful social finance tools and projects

This is an invite-only event targeting:

• Financial institutions
• Business leaders
• Foundations
• Manitoba government representatives
• Local practitioners involved in social enterprise, cooperatives and community development

The Winnipeg Social Finance Working Group is comprised of:

• Aboriginal Council of Winnipeg
• Assiniboine Credit Union
• SEED Winnipeg
• Canadian CED Network Manitoba
• Jubilee Fund
• University of Winnipeg Community Renewal Corporation
• United Way Winnipeg
• Manitoba Co-operative Association
• Winnipeg Foundation

Support for this event is being provided by:

• Charles Loewen Foundation
• Royal Bank of Canada
• Winnipeg Foundation
• United Way
• Social Enterprise Manitoba
• SEED Winnipeg
• Assiniboine Credit Union
• Jubilee Fund 

12pm to 1pm Mountain Time

How might local capital improve economic development in Albertan communities? Would it result in diversification, job creation, development of value added agriculture and downtown revitalization?

The Unleashing Local Capital Program helps communities establish Opportunity Development Co-operatives, or ODCs. ODCs are community led enterprises that raise capital through the sale of RRSP and TFSA eligible shares to finance local business development. Strong examples include the Sangudo and Crowsnest Pass Opportunity Development Co-operatives.

Register for the Unleashing Local Capital lunch and learn webinar

Lunchtime webinar provides

• An overview of Unleashing Local Capital Program, background and local Albertan examples
• How to start an Opportunity Development Co-operative
• The capital raising process
• How local capital can drive economic development
• Rules and regulations related to local financing, and how to raise capital in accordance to the current rules

There will also be time for discussions and questions and answer

This webinar explains how ODCs can be another arrow in your economic development quiver. If you are looking for strategies around addressing economic leakage, succession planning, financing new businesses and growth, this webinar is for you!

If you have any questions, please contact Seth Leon, manager of co-operative services, at sleon at acca.coop

12:00pm to 2:00pm Eastern Time

Innoweave is pleased to partner with Accelerating Social Impact to offer a National Social Enterprise Feasibility Planning Workshop.

The workshop is designed to help leadership teams of 3-4 (including board members) start to explore a concrete opportunity or idea for creating a social enterprise by:

• Assessing the market for their potential product or service
• Identifying potential customers
• Developing potential pricing structures
• Identifying next steps to become launch-ready

Register for the National Social Enterprise Feasibility Planning Workshop

The Innoweave Social Enterprise workshop builds on the Innoweave Introduction to Social Enterprise webinar. Teams may also view this pre-recorded webinar if they were unable to participate on October 3rd, 2016.

Event details:

• When: Tuesday, November 22nd and Tuesday, December 6th, 2016, 12:00 pm - 2:00 pm ET (9:00 am - 11:00 pm PT). Participants are required to commit to both days (the workshop content will be spread over these two sessions).
• Where: This distance workshop will be hosted via Cisco WebEx. A link to the meeting and workshop documents will be provided to successful applicants.
• Deadline: Applications are due by October 25th, 2016. Space is limited. Successful applicants will be notified by November 1st, 2016.
• Cost: Free

Teams approved to participate in the workshop will be asked to meet and complete a brief pre-workshop activity to help prepare for the workshop.

Participating organizations will also be eligible to apply for implementation funding in January 2017 to engage a coach to help them with development following the workshop. Learn more about Innoweave Implementation Funding

If you have any questions, please contact us at info at innoweave.ca.