The members of our Task Force on Social Finance have shown years of dedication to this field in Canada. Individually, they bring deep private and public sector perspectives, and collectively, they represent the interests of a diverse constituency of social finance stakeholders. We expect their experience will produce actionable recommendations to accelerate this much needed investment environment in Canada.
Ilse Treurnicht, CEO MaRS Discovery District [Task Force Chair]
Ilse Treurnicht is CEO of the MaRS Discovery District, a leading innovation centre in Toronto. MaRS supports innovators and entrepreneurs building Canada’s next generation of high growth technology companies and social impact businesses, offering co-location, entrepreneurship education, market intelligence, advisory services and startup capital. Ilse joined MaRS in 2005 from her role as President & CEO of Primaxis Technology Ventures, a startup stage venture capital fund. Prior to Primaxis, she was an entrepreneur with senior management roles in a number of emerging technology companies. Ilse holds a DPhil in chemistry from Oxford University, which she attended as a Rhodes scholar.
Tim Brodhead, President and CEO, J.W. McConnell Family Foundation
Tim Brodhead is President and Chief Executive Officer of The J.W. McConnell Family Foundation, Canada’s largest private foundation. Prior to joining the Foundation, he was for five years Executive Director of the Canadian Council for International Cooperation (CCIC), a body representing over 120 non-governmental organizations working in international development. He chairs the board of the ETC Group and is a director of Centraide Montréal. He is a past chair of Philanthropic Foundations of Canada, and a founding board member of CIVICUS: World Alliance for Citizen Participation. In 2001 Tim was appointed an Officer of the Order of Canada.
Samuel L. Duboc, Chairman, Pathways to Education Canada and Founder, Edgestone Capital Partners
Samuel L. Duboc is the Founder and Partner of EdgeStone Capital Partners and Chairman of the Board of Pathways to Education Canada. As Founder of EdgeStone Capital Partners, Mr. Duboc has successfully built one of Canada’s leading private equity firms. Pathways to Education is a non-profit organization focused on improving the lives of disadvantaged youth and their communities through educational attainment. Under Mr. Duboc’s leadership, Pathways has expanded to eleven communities, helping thousands of kids finish high-school and move onto post-secondary education. Prior to starting EdgeStone, Mr. Duboc was a Managing Director at CIBC Capital Partners and co-founder and COO of the Loyalty Group Inc.
Stanley Hartt, Chairman of Macquarie Capital Markets Canada
Stanley is Chairman of Macquarie Capital Markets Canada Ltd., having joined Macquarie in 2009. Stanley was called to the Quebec Bar in 1965 and was a Partner for the law firm Stikeman Elliott for twenty years. From 1985 to 1988, he was Deputy Minister of the Department of Finance. From 1989 to 1990, he was Chief of Staff in the Office of the Prime Minister. From 1990 to 1996, he was Chairman, President and CEO of Campeau Corporation, a real estate and retailing enterprise. In 1996, he became Chairman of Salomon Brothers Canada Inc., later renamed Citigroup Global Markets Canada Inc., a post he held until December 2008. He is an Officer of the Order of Canada.
Tim Jackson, CEO, Accelerator Centre, Associate VP of Commercialization at University of Waterloo
Tim Jackson is a founder and Partner of Tech Capital Partners where he focuses on investment opportunities in the wireless, communications, new media, and internet sectors. In March 2010, Tim also assumed the roles of CEO of the Accelerator Centre and Associate Vice President Commercialization at the University of Waterloo. Prior to co-founding Tech Capital, Tim was CFO and CEO at PixStream. At PixStream, Tim successfully raised over $60 million in equity capital and negotiated the $550 million sale of the company to Cisco Systems, one of the largest technology company acquisitions in Canadian history. Tim is also a founding partner of Social Venture Partners, Waterloo, a venture philanthropy group.
Rt. Hon Paul Martin, Former Prime Minister and Finance Minister of Canada
The Right Honourable Paul Martin was the twenty-first Prime Minister of Canada from 2003 to 2006. Among many achievements as Prime Minister, Martin set in place a $41 billion dollar initiative to improve healthcare, a landmark agreement for a national early learning and childcare program and achieved an historic consensus with the provinces, territories and Canada’s aboriginal leadership on an agreement entitled the Kelowna Accord. As Minister of Finance (1993 – 2002) he erased Canada’s $42 billion deficit and recorded five consecutive budget surpluses. In life after office, he founded with his son David, the Capital for Aboriginal Prosperity and Entrepreneurship Fund, which helps establish and grow successful Aboriginal businesses both on and off reserve.
Nancy Neamtan, President and ED of the Chantier de l’economie sociele
Nancy Neamtan is President/Executive Director of the Chantier de l’économie sociale, a non-profit organisation administered by 32 representatives of various networks of social economy enterprises, local development organisations and social movements. The mission of the Chantier de l’économie socialeis the promotion and development of the social economy. She is also co-director of the Community-University Alliance on the Social Economy and president of the Board of the Chantier de l'économie social Trust. She is one of the North American representatives on the Board of RIPESS and is involved in international networking on the social and solidarity economy since 1997.
Reeta Roy, President and CEO of The MasterCard Foundation
Reeta Roy is President and CEO of The MasterCard Foundation. The Foundation’s mission is to advance effective and innovative programs in the areas of microfinance and youth education, with a focus on Africa. To date, the Foundation has committed more than $100 million towards its programs. Prior to joining the Foundation, Reeta was the Divisional Vice President of Global Citizenship and Policy at Abbott, and Vice President of the Abbott Fund. She held a number of positions at Bristol-Myers Squibb Company working on global health and private-public partnerships.
Tamara Vrooman, CEO, Vancity Credit Union
Tamara Vrooman is Chief Executive Officer of Vancity, Canada’s largest credit union. Last year, Tamara earned Vancity its second highest net income on record and sold non-core parts of the business, which simplified Vancity's structure and added $65 million to the credit union's already healthy capital base. As Deputy Minister of Finance for British Columbia from 2004 through mid-2007, Tamara also served as Secretary to the Treasury Board and CEO of the Public Sector Employers’ Council. Her prior portfolio was as Deputy Minister and Executive Financial Officer for the Ministry of Health where she balanced the budget and developed the Ministry’s financial management plan.
Bill Young, President, Social Capital Partners
Bill Young is the founder and President of Social Capital Partners (“SCP”). SCP is a social finance company whose primary goal is to prove that businesses with a financial and a social purpose can succeed at both. It provides attractive financing to a variety of businesses that employ disadvantaged populations as part of their human resources strategy. SCP facilitates the recruitment of these individuals and ensures they have the appropriate skills to be successful employees. Before founding SCP, Bill worked for approximately twenty years in the private sector primarily as CEO of Hamilton Computers, and Optel Communications Corp.
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