Social Entrepreneurship in Canada
Social enterprise has come a long way in Canada in the past 10 years. A 2016 survey showed that there are more than 1,300 social enterprises in Canada, they employ over 254,000 people, and provide services to an additional 5.5 million. SE in Canada
SE IN Fogo Island
The Shorefast Foundation
“The Shorefast Foundation is a registered charity, and it technically owns the Fogo Island Inn. But charity itself is not sustainable either. What we wanted to do was use our philanthropic funds — about 20 per cent of the funding came from government and 80 per cent was ours and money we raised from other private donors. As the inn operates and reaches a surplus, those surpluses come back to the foundation and get reinvested into the community. So, effectively, Fogo Islanders own it. The only thing I own on Fogo Island is my car and house, but everything else we have belongs to the community.”
More about Social Entrepreneurship at Fogo Island
SE IN Manitobah Mukluks
There are more than 27,000 aboriginal entrepreneurs in Canada who not only gain economic independence through their endeavors but also support their culture. When Sean McCormick started selling leather and fur to aboriginal artisans as a high school student, he never expected his company would someday be one of the fastest growing footwear brands in Canada — and a model of aboriginal business success. Manitoba Muluks: Building Success From the Bottom Up