New CRA Guidelines Released concerning Social Enterprise and Community Economic Development

Canada Revenue Agency has released new guidelines regarding Community Economic Development, with specific reference to both social enterprise activities and social finance investments (primarily PRIs). This is the first time "social enterprise" and "social finance" have appeared in any official CRA documentation, and provide some hope for modernization and clarification of revenue-generating activities among Canada's charities.

But don't take my word for it! As usual, Stacey Corriveau of the BC Centre for Social Enterprise has done a top rate analysis (PDF) of the paper.