Local economies

For Canada to build a more resilient economy, we must secure local assets, democratize the economy and ensure wealth circulates within communities rather than being extracted by distant, corporate interests. In The Conversation, SCP Fellow Audrey Jamal and Heather M. Hachigian write that a promising solution lies in community wealth building.

Today, Canada’s main streets are more likely to feature American chains and less likely to be locally owned. We already face economic assault from the south—SCP's CEO Matthew Mendelsohn and Fellow Rachel Wasserman on why we cannot accept unchecked serial acquisitions as a tactic in this economic war against us and what we can do about it.

Despite the fact that governments, business leaders, workers and Canadians all say they want to be less economically vulnerable, there is a real risk that, two years from now, even more of our businesses and assets will be owned by U.S. investors. SCP's CEO Matthew Mendelsohn and Chair Jon Shell propose four ideas to prevent American finance from gobbling up the Canadian economy.

Join moderator Shauna Sylvester for an Urban Climate Leadership online webinar featuring Mary Rowe, CEO of Canadian Urban Institute, Mairin Loewen, Assoc. Program Director at UCL and Matthew Mendelsohn, CEO at Social Capital Partners, in discussion on the impact of U.S. tariffs on Canadian cities. February 25, 2025 from 1:00 - 2:00 p.m. ET.

In the face of Trump's economic assault, Canada's local businesses and leaders must manage uncertainty and maintain and strengthen community resilience. How will tariffs impact small businesses, supply chains and local economies? Tune in from 12:00 - 1:00 p.m. on February 14 to hear our CEO Matthew Mendelsohn and an expert panel discuss practical, community-driven solutions to bolster local economies in the face of global shifts.

When U.S. President Donald Trump threatened to launch a full-blown trade war with its closest ally, many Canadians felt as if their best friend had suddenly turned around and stabbed them in the back. The Star spoke with economists, academics and other experts, including SCP CEO Matthew Mendelsohn, about how the country should best navigate this new era of Trump's isolationism, and found there are realistic steps we can take to reduce our dependence on the States.

Canadians are more vulnerable to Trump’s economic warfare today because our housing system is in crisis and has left many Canadians without affordable places to live. Some of our own bad policy choices have put us in this position of vulnerability. We've got three housing policy ideas we want the team at Missing Middle to look into.

SCP Fellow Rachel Wasserman speaks with CBC's Steven D'Souza as part of an investigation into the skyrocketing cost of owning a pet. The documentary reveals how independent vet clinics are being gobbled up by multinational corporations and private equity for profit.

Rising rents are pushing mom-and-pop shops off Canada's streets. In Canadian Business, Aaron Binder and SCP Fellow Liliana Locke (née Camacho) from the Better Way Alliance argue new commercial tenant protections are the answer.

Social Capital Partners and Venture for Canada made a joint submission to Innovation, Science, and Economic Development Canada (ISED) to amend the Canadian Small Business Financing Program (CSBFP) to make it easier for would-be entrepreneurs to purchase existing businesses. Our recommendations to encourage more Entrepreneurship through Acquisition, or ETA, could help stop the decline in entrepreneurship, protect small businesses, keep wealth in Canadian communities and unleash more local, private-sector innovation.