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Economic Development, Housing
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We are lobbying for the inclusion of community capital into the financing frameworks of Build Canada Homes -- this means enabling tools like community bonds to stack alongside Build Canada Homes' financing for non-market housing providers.
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Policies or Program
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Economic Development, Taxation and Finance
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We - through the Canadian Coalition for Community Capital, of which Suzanne is the Coalition Coordinator, and is funded by Tapestry - are lobbying for the creation of partially refundable tax credit to apply to community capital tools.
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Policies or Program, Regulation, Legislative Proposal, Bill or Resolution
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Economic Development, Taxation and Finance
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We - through the Canadian Coalition for Community Capital - are asking the government to make changes to the Income Tax Act primarily through changes to what kinds of community capital investments (i.e. community bonds, co-operative shares, and other crowd-financing opportunities etc.) registered accounts can hold, and their respective eligibility rules.
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Policies or Program, Legislative Proposal, Bill or Resolution, Regulation
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Tapestry Community Capital is a non-profit organization that empowers charities, non-profits, and cooperatives to raise capital through community bonds—a proven financing tool that enables local investment for social impact. Tapestry supports non-profit, charitable, and co-operative organizations with advisory and administrative services to utilize the "not for profit issuer" prospectus exemption (section 2.38) of National Instrument 45-106 and related exemptions for co-operative organizations. Since its inception, Tapestry has supported qualified issuers in raising over $130 million through community bonds, helping finance high-impact projects in affordable housing, sustainable energy, arts and culture, education, and recreation. These initiatives have created meaningful change in communities across Canada.
Ryan Collins-Swartz, Co-Executive Director
Address:
#428-429 - 192 Spadina Avenue
Toronto, ON M5T 2C2
Canada
Telephone number:
416-977-5093
Ext.
2380