Building Capital & Capacity In Our Communities

For over a decade, the BC Rural Centre has researched and advocated for the establishment of community investment fund programs in British Columbia, inspired by successful models in Nova Scotia, Alberta, and the USA. In 2015, the Centre partnered with Kootenay Employment Services to create the Creston & District Community Investment Cooperative, the first of…

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Community Investment Guide Webinar, March 10

  The longer a dollar can circulate within a community, the greater its economic and social impacts. Few know this as well as Eden Yesh, Chair of the BC Community Impact Investment Coalition and Manager of Community & Economic Development at Kootenay Employment Services. On Tuesday, March 10, at 1 PM Pacific, Eden will release…

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Investment Co-op Lets You Bank on Your Community

Investment co-op

Investment co-ops are coming to the Kootenays, as reported in this recent article by Claire Paradis, appearing in the December 13, 2018 edition of the Valley Voice.   If you’re putting your money into GICs, term deposits and other investments, you probably have little or no idea where your investment funds are going. Even though…

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New Community Investment Co-Ops!

Two new BC Interior-based community investment co-ops have recently been formed — the East Kootenay Columbia Investment Co-op, and the West Kootenay Boundary Investment Co-op. Both are for profit Co-operative Association registered in British Columbia. They are member-owned, locally controlled and governed by a volunteer Board of Directors. East Kootenay Columbia is designed to finance businesses…

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Community Investment Sessions Coming to Southern Interior Communities

Community Investment works!

Community investment is the process of connecting local investors to local investment opportunities. While the demand for investing locally is increasing, traditional options available to investors limit where they can invest. The result is that most local investment capital leaves our community and is invested into far off stock markets and corporations. An unintended consequence…

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Community Impact Investing – Putting Your Money Where Your Life Is!

Community impact investing? In today’s interconnected world, it’s easy to see how your hard-earned money can end up going toward projects and businesses all around the world. In 2013, British Columbians contributed $4.5 billion of new monies into their RRSPs, much of that disbursed outside the province and Canada. That’s money that ends up supporting the creation of…

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CEDIFs an Investment Model for Rural BC?

The BC Rural Centre believes that a vehicle like Nova Scotia’s  Community Economic Development Investment Fund (CEDIF) would be an ideal way to repatriate a portion of the investment funds currently leaving British Columbia, stimulate small business development and expansion, and provide a very effective rural development tool. FarmWorks Investment Co-operative Limited is a CEDIF cooperative…

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Community forum on investing in clean energy coming to Nelson

A community forum on investing in clean energy coming to Nelson. Ever wonder how small towns manage to find the funds needed to kickstart innovative new ventures? Are you concerned about the West Kootenay’s environmental future? Then you won’t want to miss the third in the Forum Series of gathering on Thursday, April 6 in…

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How to create a community investment vehicle

These video modules comes to us courtesy of the Alberta Community & Co-operative Association. Each video provides useful information for rural community leaders interested in raising local capital for community-based investment. While the investment vehicle highlighted here — Opportunity Development Co-operatives — is specific to Alberta, there are lessons and advice here applicable to any…

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Unleashing Local Capital

The Alberta Community & Cooperative Association’s Unleashing Local Capital project empowers communities to invest locally, direct their own economic development and reduce dependency on government supports by directing outward-bound investments toward local businesses, keeping local capital flowing through local communities. This project also educates rural communities on how to establish an Opportunity Development Co-operative – a  co-op…

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