Budget Announces Commitment to Explore Social Finance

February 11, 2014

The Minister of Employment and Social Development established a new Ministerial Advisory Council on Social Innovation in December 2013. The purpose of the Advisory Council is to work with leaders in the not-for-profit and private sectors to explore the potential for social finance initiatives and examine whether there are barriers to their success.  The Advisory Council is staffed by experts and practitioners in the fields of social finance and social enterprise.

The Budget confirms the Government’s commitment to innovative solutions to address unmet social and economic needs in social finance and social enterprise.

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