“I INVEST LOCAL. MY MONEY ISN’T IN STOCKS AND SHARES, IT’S IN PROJECTS AND PEOPLE ON VANCOUVER ISLAND.”
Building the Community Impact Investment Movement in BC
The Vancouver Island Community Investment Cooperative works to create change by being active in promoting an enabling policy environment for community impact investing in British Columbia. Our coop is a founding member of the BC Coalition for Community Impact Investing (BC CIIC) – working to bring together coops and other groups from across BC to build a movement for local ethical investing that benefits rural and urban local communities. The mission of the BC CIIC is to be a learning community for Community Impact Investment practitioners in British Columbia and to advocate and develop enabling Community Impact Investment programs with the Provincial Government and other BC organizations.
BC CIIC resources include a How to Guide and Policy Brief (right); links to materials being used by other community impact investment funds; and policy proposals to enable community impact investing.
Help the Coalition’s work and take action in your own community by talking with your MLA and Municipal Council about how Community Impact Investing can change your community.
Community Investment Funds – How-To Guide
Communities are increasingly looking for new sources of capital and ways to unlock existing ones so that they can be put toward community needs, like affordable housing, renewable energy, food system development, job creation and local business development and more. Community-sourced capital projects are an important part of a new movement for social finance that is taking off in Canada and across the world. Social finance is an approach to raising capital and investing that focuses on creating a strong social return to our communities, as well as a financial one. This guide has been developed based on research and our experience creating a Community Investment Fund on Vancouver Island.
Enabling Community Investment – Policy Brief
This policy paper is based on the experience of the Community Social Planning Council of Greater Victoria in developing a Community Investment Fund for Vancouver Island and is informed by the evidence of what is working and why in other Canadian jurisdictions.