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Non-Permanent Residents and their impact on GDP per capita | Summary
New research by economist and SCP Fellow Gillian Petit estimates what Canada’s GDP per capita would have been over the past decade if Canada had kept our temporary resident numbers stable. She also estimates the expected impact on GDP per capita in the coming years due strictly to planned reductions in Canada's intake of non-permanent residents. Among key findings: Canada’s GDP per capita is misleading and should not be used as if it were the sole indicator of economic well-being. Plus, if we had maintained our temporary resident numbers at two percent of the population in recent years, Canada’s GDP per capita would look much more like our peer countries: a little bit ahead of countries like Germany, the United Kingdom and Australia and a little bit lower than countries like Belgium, Sweden and France.
Inclusive search fund concept paper
Search funds allow entrepreneurs without capital to buy small businesses. However, only an exclusive club can access the financing to do so and are often forced to re-sell their businesses. We’ve put a twist on the search-fund model to make it more inclusive and long-term.
Business-in-a-box concept paper
Small, independent businesses are the backbone of our economy. Unfortunately, they’ve become harder to start and struggle to compete with large chains. We’ve been inspired by owner-owned cooperatives that help small businesses thrive.
A Fine Balance: What Inner City Renovations taught us about managing social and economic objectives inside business models
What are reasonable profitability targets for a social enterprise start-up with a mission to create employment for disadvantaged populations? How does external financing play a role in the execution of the social mission and how does a social mission as a key part of the business model impact the ability to reach profitability targets? SCP showcases one of our early investments and highlights key learnings about the inherent mission tensions in these business models.
Social return on investment report: TurnAround Couriers
SCP reports on six years of TurnAround Couriers, a social-purpose business dedicated to helping at-risk youth in the Greater Toronto Area overcome social and economic obstacles by providing them with a chance to get ahead.