On June 1st 2021, a self-organized neighborhood group called the Kensington Market Community Land Trust (KMCLT) successfully bought their first building - 54 Kensington Avenue and took it off the private real estate market. For three years prior, the residents of the building, along with their neighbours and local political representatives protested and fought against the illegal eviction of 20+ tenants from this building. Now the building is owned by the community, through this democratically controlled community land trust. Come to our free online webinar to hear how Toronto's locals are fighting for affordable housing, despite seeing neighborhood changes rapidly displacing low-income tenants and those most marginalized. Hear the story of how this was possible, and bring your questions.

Learn more and register

A new cohort of MPs is headed to Ottawa on November 22nd.  We want to make sure they take action for community economies! 

Supporting community economies is Canada’s best path forward for post-COVID economic recovery that works for everyone.  The best way for the federal government to support community economies is by implementing the 12 recommendations of the Social Innovation and Social Finance Co-creation Steering Group.  These recommendations address social enterprise skill development, social procurement, unlocking private capital, increasing market access, and regulatory changes. 

Call to Action

Please help by contacting your MP about this!  You have a few contact options:

1. Give them a call, drop in at their office, or ask them for an appointment.  Feel free to use these speaking notes when you talk to them or their staff. 
2. Send them an email – we’ve prepared a template for you. 
3. Contact them via social media.  Here is a sample tweet and a sample Facebook post – adapt them as you see fit!

Don’t know your MP?  Find them and their contact information here.

Don’t forget to let us know what you did (email r.marks@ccednet-rcdec.ca), and we’ll recognize you and your MP on social media! 

A bit of background

In 2018, the Social Innovation and Social Finance Strategy Co-Creation Steering Group released its report, Inclusive Innovation: New Ideas and New Partnerships for Stronger Communities.  Following the release of the report, the federal government established the Social Innovation and Social Finance Strategy and, in 2018, announced a $755M Social Finance Fund and $50M Investment Readiness Program; the 2021-22 federal budget re-affirmed commitments to launch the $755M Social Finance Fund with up to $220M deployed over its first two years, and renewed the Investment Readiness Program for another $50M over two years.  But there has been little action on the remaining recommendations!

10:00-11:00 am Pacific
11:00 am - 12:00 pm Mountain
12:00-1:00 pm Central
1:00-2:00 pm Eastern
2:00-3:00 pm Atlantic
2:30-3:30 pm Newfoundland

Community Investment Organizations create pools of capital raised through the sale of shares, which are then reinvested into local businesses.  Many CIOs pay dividends to investors and are RRSP/TFSA eligible.  

In recent years, there has been increasing interest in strategies such as CIOs that redirect investments for community benefit.  Based on the proven success of Nova Scotia’s Community Economic Development Investment Funds (CEDIFs), other provinces have launched CED investment and tax credit programs, and communities across the country are organizing to redirect capital to local needs.  

Join us on December 2 to learn about the success of Nova Scotia’s CEDIF program, the long and eventually successful advocacy journey towards their establishment in New Brunswick, and the challenges and opportunities for CIOs in Ontario.  Plus, some concrete examples of CIOs (aka investment opportunities!) and time for networking and exchanges with peers. 

Speakers:

• Courtney Mo, Manager - Public Policy, Research & Evaluation, Momentum
• Édouard Sylvestre, Impact Officer, Co-operative Council of Ontario
• Wendy Keats, Retiree, Former Executive Director, Co-operative Enterprise Council of New Brunswick 
• Kristin Van Hattem, RRSP Program Manager, Canadian Worker Co-op Federation
• Facilitator: Raissa Marks, Policy & Research Director, Canadian Community Economic Development Network

Please join us on December 2!

Register for Webinar: Community Investment Organizations

This is the third session in this year's Strengthening Community Economies: POLICY & ADVOCACY Series that is designed to build skills, provide support, and strengthen a culture of political action among CCEDNet members. To join CCEDNet or to find out more about our barrier-free membership policy, click here.

The annual Building Partnerships conference features diverse speakers, ranging from property managers and engineers, to community service providers and civil servants, all of whom are involved with the provision of affordable housing on Treaty land. This year’s sessions will address sustainability, innovative models of housing, tenant-landlord communications and more, with a strong focus on the role of housing in reconciliation.  

Learn more

Recover and Rebuild: Helping Canadians build financial security during the pandemic and beyond
The 2021 ABLE Financial Empowerment (FE) virtual series is a collection of online financial empowerment events designed to provide frontline FE practitioners, FE stakeholders, government, policy-makers and academics with knowledge, tools, resources and insights on financial topics to help struggling Canadians build financial resilience through the pandemic and recovery.  

The fall virtual series showcases relevant topics for post-pandemic financial empowerment and is geared for people from all sectors working to mobilize financial empowerment solutions to tackle poverty in Canada.

Learn more