Executive Summary
The tax and program spending levers available to the federal government provide a number of opportunities to catalyze entrepreneurial initiatives that contribute to sustainable and inclusive economic development. As part of a whole-of-government approach to supporting community innovation and social entrepreneurship, incentives to leverage private investment as well as direct federal investment are vital measures that can enhance prosperity and contribute to Canada’s efforts towards a sustainable economic, social and environmental future. Compared to other countries, Canada is falling behind in this field. Our recommendations for measures that the 2010 Budget can take to begin catching up are:
- Create a Greater Role for Social Enterprise in Economic Revitalization
- Provide Sustained Support for Community Economic Development Organizations and Community Capacity Building
- Improve Access to Capital
