SoVote

Decentralized Democracy

Hon. Karina Gould

  • Member of Parliament
  • Leader of the Government in the House of Commons (on parental leave)
  • Liberal
  • Burlington
  • Ontario
  • Voting Attendance: 66%
  • Expenses Last Quarter: $131,115.10

  • Government Page
  • Jun/13/23 3:07:13 p.m.
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Mr. Speaker, yesterday we celebrated the launch of the social finance fund, a $755‑million initiative to advance the growth of the social finance market. Social finance plays a crucial role in tackling issues such as access to affordable housing, food insecurity and poverty. By increasing access to flexible financing opportunities, the social finance fund will help social purpose organizations grow, innovate and enhance their social, economic and environmental impacts.
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  • 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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