January 21, 2025, Toronto (ON): Social Capital Partners CEO Matthew Mendelsohn today announced the appointment of a new Advisory Board that will support the organization in its next phase of work confronting growing wealth inequality in Canada. The nonprofit’s mission is to create more pathways to wealth and asset ownership for working people.

“The economic assumptions that have informed our understandings of how capitalist, democratic economies work are collapsing in front of our eyes,” says Mendelsohn. “That vacuum needs to be filled with realistic and viable options to make the economy work better for more people.”

The data are clear that working people and young people are facing higher barriers to economic security than in previous decades. Those challenges are creating well-founded anxieties that are causing the destabilization of democratic societies around the world.

“At Social Capital Partners, we are comfortable trying new things, even when we’re unsure of the outcomes,” says Mendelsohn. “We have assembled a creative, intellectually diverse group of brilliant, kind Canadians who all want our economy to work better. They will challenge our assumptions and help us make the right strategic choices about where we put our resources in the coming years.”

Advisory Board members will advise on SCP’s strategy and agenda, drawing on decades of experience across finance, business, government, public policy, communications, civil society and community economic development. They include:

“We have assembled a creative, intellectually diverse group of brilliant, kind Canadians who all want our economy to work better.”

Upkar Arora, CEO of Rally Assets.

Victor Beausoleil, Executive Director of SETSI – The Social Economy Through Social Inclusion.

Vass Bednar, Executive Director of McMaster University’s Master of Public Policy in Digital Society program.

Tiffany Callender, Co-Founder and CEO, Federation of African Canadian Economics (FACE).

Jeff Cyr, Founder & Managing Partner of Raven Indigenous Raven Indigenous Capital Partners.

Brian Dijkema, President, Canada at Cardus.

Tariq Fancy, Founder of The Rumie Initiative.

Rob Germain, CEO at CHEK Media.

Alex Himelfarb, Former Clerk of the Privy Council.

Charmian Love, Chief International Advocacy Officer at Natura &Co.

Marguerite Mendell, Distinguished Professor Emerita at the School of Community and Public Affairs and Director of the Karl Polyani Institute of Political Economy and Concordia University.

Erin Millar, CEO and Co-founder of Indiegraf.

Jennifer Robson, Associate Professor of Political Management at Carleton University.

Edward Waitzer, past Chair of Stikeman Elliott LLP.

To learn more about the Advisory Board and see complete biographies, please visit www.socialcapitalpartners.ca/our-people/.

About Social Capital Partners

Who owns the economy matters. Social Capital Partners believes working people deserve a fighting chance to build economic security and wealth. A Canadian nonprofit organization founded in 2001, we undertake public policy research, invest in initiatives and advocate for ideas that broaden access to wealth, ownership and opportunity, and that push back against extreme economic inequality. To learn more, please connect with us on LinkedIn or Bluesky or visit socialcapitalpartners.ca.

For more information, or to arrange an interview, please contact:

Katherine Janson
Director of Communications
Social Capital Partners
647-717-8674
katherine@socialcapitalpartners.ca


Share with a friend

Related reading

Heather Scoffield headshot

The Canadian Tax Observatory announces Heather Scoffield as founding CEO

Heather Scoffield is founding CEO of a new independent nonprofit Canadian institution created to lead an informed national conversation on the links between taxation, economic fairness and a thriving democracy. Under her leadership, the Canadian Tax Observatory will drive in-depth research that pulls apart the strands of our current system so that we can thoroughly evaluate where we are and engage Canadians in a broad discussion about how to support economic growth while improving the fairness of Canada’s tax system. Over the next six months, the Observatory will connect with researchers in Canada, build alliances globally and develop its research agenda.

Group shot of Taproot staff meeting

Maple Ridge-based company now owned by its 750 employees | Maple Ridge-Pitt Meadows News

Neil Corbett of the Maple Ridge-Pitt Meadows News reports on locally based Taproot Community Support Services making some business history in Canada. Taproot's 750 employees in B.C., Alberta Ontario will now own 100 per cent of the business, becoming the largest Employee Ownership Trust (EOT) in Canada and the first in the social services sector. Finance minister Francois-Philippe Champagne explains why this is a perfect example of what EOTs can do, calling the trusts "a powerful, timely tool that helps Canadian employees become owners of the businesses they work for, while helping entrepreneurs find the right people to carry their legacy forward."

Taproot team members

Taproot becomes Canada’s largest employee-owned trust with 750 workers | The Globe and Mail

On Sept. 2, 2025, B.C.-based Taproot community support services surprised its 750 employees with the news they will become equal owners of the company they helped build. Minister of Finance & National Revenue Francois-Philippe Champagne joined CEO Mike Fotheringham and Social Capital Partners Chair Jon Shell to celebrate the new worker-owners and Canada’s largest Employee Ownership Trust (EOT) to date. In the Globe and Mail, Meera Raman reports on Taproot's milestone and how this succession model keeps companies Canadian, keeps jobs in local communities and builds wealth for workers.

Skip to content