Access up to $682.5 million over 10 fiscal years in conditionally repayable and non-repayable contributions through the Social Finance Fund (SFF).
The SFF aims to address systemic biases and inequities historically present in financial systems and investment decisions. Wholesalers will be required to incorporate a social equity lens to ensure diversity and inclusion considerations are incorporated into decision-making processes, so as to benefit equity-deserving groups that face barriers to economic inclusion and lack access to capital. Equity-deserving groups include, among others:
- women
- Indigenous peoples
- low-income people
- Black and racialized peoples
- people with disabilities
- LGBTQ2+ communities
- official language minority communities
- recent immigrants and refugees
As part of its focus on investing in a feminist future, the Government of Canada has committed to allocating a minimum of $100 million of SFF funding to investments in gender equality.
