What’s your response if asked by the Cabinet Office of the Prime Minister of the United Kingdom to speak in front of an audience of international leaders in your field—mere days before you had expected to attend the event as a guest? If your name is Ted Anderson, you say yes. On June 6, Director of the MaRS Centre for Impact Investing Ted Anderson, spoke to an audience of senior government officials, business leaders, academics, and major philanthropists on behalf of Canada at the G8 Social Impact Investment Forum. Today, the G8 leaders meet in Northern Island. For a Canadian perspective on the social finance landscape, SocialFinance.ca spoke to Anderson.
Editors introduction: In the mid-1800s, it was far from obvious that anyone could ever standardize financial reporting. While today, income statements and uniform measures of financial profit are ubiquitous, it wasn’t too long ago that such indicators were deemed too unique and complex to measure. So goes the argument by Kate Ruff, in her presentation at the most recent Social Impact Analyst Association Conference about the necessitity for the establishment of a new profession: the social impact analyst.
Quieting an energetic crowd of fifty just over one week ago, Vinod Rajasekaran, Executive Director of the HUB Ottawa, a coworking community in the nation’s capital, took the microphone to welcome guests and HUB members alike to the launch of the organization’s first Impact and Failure Report.
The Centre for Social Innovation, MaRS Centre for Impact Investing, Toronto+Acumen, and the Social Enterprise Incubator have teamed up to create one application for four incredible acceleration opportunities for social entrepreners: the CSI Ontario Catapult Microloan Fund, the MaRS Centre for Impact Investing: Impact 8, Toronto+Acumen’s Pioneer+TO, and Project Hatch: the Social Enterprise Incubator.
If every household in Ontario spent $10 per week on local food, the local economy would see an additional $2.4 billion and 10,000 new jobs would be created by the end of the year. At the Food, Fish, Farms, and Finance Forum, Ellen Martin explores the intersection between localism and the new economy.
Equity crowdfunding is on the move and it has caught the attention of the Canadian securities regulators. This post, the second in a series of four, discusses the positions of the issuer, the investor and the crowdfunding portal, in response to the Ontatio Securities Comission's recent report, "Considerations for New Capital Raising Prospectus Exemptions."