44th Parl. 1st Sess.
June 8, 2022 02:00PM
- Jun/8/22 3:18:06 p.m.
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Mr. Speaker, let me start by thanking the member for Whitby, who is the hardest-working member in this House when it comes to social finance.
Social purpose organizations like charities and non-profits play a key role in addressing complex social and environmental issues. They are more important than ever, as many of these issues have been exacerbated by the COVID-19 pandemic. That is why we launched the renewed investment readiness program in the summer of 2021, which will provide another $50 million to continue to support social purpose organizations in building capacity and increasing their investment readiness. This will also help the social purpose organizations take advantage of the $755-million social finance fund.
I thank the member for Whitby for his excellent work.
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