An Inclusive Society
The not-for-profit sector is a major contributor to the Canadian economy – it provides everything from vital social services to arts festivals, literacy programs and sports clubs. The sector can benefit greatly from the blended finance ecosystem, which combines capital from a variety of sources – public, private, philanthropic – to fund programming for social and environmental good. Recently, Kyle McLean, Market Vice-President in the Public Sector and Not for Profit Group at CIBC, sat down with industry experts to discuss what blended finance means for them and why it’s so important for the not-for-profit sector.