[GSEF2016]: The evolution of the Social Economy ecosystem in Québec

Category: 
North America
SSE Organisation
Class: 
Social Finance / Impact Measurement
Public Policy / Legal Framework

Presented at: GSEF2016 Montreal

Organisation: CAP Finance, le Réseau de la finance solidaire et responsable (SSE organization)

Date: September 7, 2016

Summary:

CAP Finance is a group of financial institutions based on social economy and solidarity finance created by the Caisse d’économie solidaire Desjardins, the Fiducie du Chantier de l’économie sociale, Filaction, Fondaction CSN, the Fonds de solidarité FTQ, the Réseau d’investissement social du Québec and the Réseau québécois du crédit communautaire. Researchers and other associate members have been added to its founders: Margie Mendell, economist and professor at the Concordia University, the Association des centres locaux de développement du Québec (Association of Québec’s Local Development Centres), the Réseau des CDEC du Québec and Investissement Québec.

The originality of CAP Finance resides in the complementarity of its financial institutions and in the willingness to adopt practices coming from socially responsible finance. With this in mind, CAP Finance has set as its mission to promote and develop solidarity finance and development capital, to develop the expertise of the professionals of the Réseau and to promote responsible investment among the general public and the different stakeholders.