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.
are thrilled to announce that Dave Kranenburg is our new Director of Programs
at CSI! Dave joins CSI after eight years as Executive Director of Meal Exchange,
a national nonprofit organization with a mission to eradicate hunger in Canada
by "identifying and implementing student solutions".
last three months have been hectic to say the least! I have
held information sessions in April and May, set up information booths at
three community events in Regent Park, and I am still busy planning the
logistics of launching CSI’s third Toronto location!
The Centre for Social Innovation is
embarking on its boldest expansion yet—a new 24,000 sq. ft. home in the iconic
Starrett-Lehigh Building in the emerging creative district of Manhattan’s
In partnership with with RXR Realty, the Centre
for Social Innovation is bringing its shared workspaces and programming for
social innovators front and centre to the world stage.
It’s true. CSI is, indeed, opening our
4th location in NYC this winter. We are excited, humbled and
focused. I believe this is a tremendous opportunity for CSI and our community,
but I’m sure many of you would like to know why New York and why now?
While Wall St. and Bay St. have revealed
themselves to be deeply disconnected from the process of true value creation
and unable to respond to Main Street opportunities, there is a new set of tools
– crowd funding – that is giving rise to the citizen investor. There is a
unique role for social enterprise to play as a part of this new movement.