Community investment
The Rise Of Innovation Districts
A New Geography of Innovation in America Originally posted on Brookings.edu Written by Bruce Katz and Julie Wagner As the United States slowly emerges from the Great Recession, a remarkable shift is occurring in the spatial geography of innovation. For the past 50 years, the landscape of innovation has been dominated by places like Silicon…
Read MoreFramework for Creating a Smart Growth Economic Development Strategy
A Tool for Small Cities and Towns Many small and mid-sized cities around the United States are struggling because their economies were built largely on a single economic sector that has changed significantly. For example, jobs might once have been heavily concentrated in industries like logging, mining, or manufacturing, but technology and market forces have…
Read MoreNew and Improved Public Spaces and Tourism Experiences
The Government of Canada is making investments across British Columbia to refresh community spaces, attract new visitors, and stimulate local economies Safe and inclusive public spaces and dynamic tourism attractions are key to vibrant communities. They bring together people of all ages and abilities, in turn supporting businesses and boosting economic vitality. Throughout the East…
Read MoreBuilding 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…
Read MoreCommunity 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…
Read MoreInvestment Co-op Lets You Bank on Your Community
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…
Read MoreNew 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…
Read MoreCommunity Investment Sessions Coming to Southern Interior Communities
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…
Read MoreCommunity 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…
Read MoreCEDIFs 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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