Social Finance: Awareness and Opportunities in the Canadian Financial Sector
The financial sector in Canada, and globally, is in the midst of a period of volatility and uncertainty. Despite these challenges, there has been an increase in interest in the topic of social finance. This trend is consistent with international activity, driven by investors that are seeking a combination of financial and social returns to their capital.
This report provides new insights into the issues and opportunities around social finance as perceived by the Canadian financial sector. Through a combination of interviews, a national survey, and focus groups, we identified several key themes that relate to the awareness and activity around social finance, as well as the challenges and barriers to engaging in social finance. We provide a set of recommendations to address these issues, in order to increase the level of awareness and activity around social finance in the Canadian financial sector.