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Mark Carney and the Canadian business elite need to think more about growing wealth inequality that is destabilizing democracies around the world

Mark Carney made a speech last week and many people had plenty to say about it. But one of his replies during the Q & A deserves more attention than it received. MP Nate Erskine-Smith asked Carney what he would do about Canada’s growing wealth inequality. Carney’s answer was a bit unfocused, but he made two points clearly: 1) Let’s hope wealthy people give more to charity, and 2) We shouldn’t only focus on redistribution.

Canada is bad at studying wealth inequality and we explain why that matters

Social Capital Partner's Director of Policy Dan Skilleter summarizes the key findings of his recent report "Billionaire Blindspot" in a Toronto Star Opinion piece.

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.

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