National Round Table on the Environment and the Economy
Canada
Français
Contact Us
Help
Search
Canada Site

About Us

Media Room

Library

Home
Achieving a Balance
" " Energy &
Climate Change
" " Capital Markets
About
Documents
Committee
Program Contact
   
" "Brownfields
Subscribe to NRTEE e-briefs
Email thisEmail this

 

© 2005

_
""
" "

Scan of the Community Investment Sector
in Canada

Coro Strandberg
Strandberg Consulting

Brenda Plant
Brenda Plant Consulting

September 2004

References

Acuity (2003). Prospectus Acuity Funds Ltd. October 15.

AFL-CIO (1999). Investment Product Review 1999. www.aflcio.org/corporateamerica/capital/toolbox.cfm

AFL-CIO (2002). Investment Product Review: Private Capital 2002.
www.aflcio.org/corporateamerica/capital/toolbox.cfm

Baker, Dean and Archon Fung (2001) “ Collateral Damage: Do Pension Fund Investments Hurt Workers?“ in Archon Fung, Tessa Hebb and Joel Rogers (eds.), Working Capital: The Power of Labor’s Pensions. Ithaca and London: ILR Press, pp. 13–43.

Calabrese, Michael (2001). “Building on Success: Labor-Friendly Investment Vehicles and the Power of Private Equity,” in Archon Fung, Tessa Hebb and Joel Rogers (eds.), Working Capital: The Power of Labor’s Pensions. Ithaca and London: ILR Press, pp. 93–127.

Cameron, Susannah (2003) . A Literature Review of the Micro-Credit Sector in Canada. SIO and Riverdale Community Development Corporation, March.

Canadian Labour and Business Centre (2001). Capital That Works! Pension Funds and Alternative Strategies for Investing in the Economy. Ottawa: CLBC. www.clbc.ca

CCNet (2002). Investing in Canada’s Communities: Proposal to create a National Community Economic Development Financing Initiative. The Canadian CED Network, March.

CDFI(2002). CDFIs: Providing Capital, Building Communities, Creating Impact. CDFI Data Project in the U.S., based on fiscal year 2002.

Clark, Catherine H., and Josie Taylor Gaillard (2003). RISE Capital Market Report: The Double Bottom Line Private Equity Landscape in 2002/2003. Columbia Business School, August.

Clark, Catherine, William Rosenzweig, David Long and Sara Olsen (2004). Double bottom line project report: assessing social impact in double bottom line ventures methods catalog. Rockefeller Foundation, January.

Cleantech Venture Network (2003). Cleantech Venture Monitor Q4 2003 2, 4 (2003).

Cleantech Venture Network (2004). “Data Shows Investment in Clean Technology Surging in 2004.” Press Release, July 14.

Davis, Laura (2003). Development of Federal Tax Credits to Support Community Investment in Canada. Canadian CED Network, November.

Dick, Christian (2004). “Sustainable VC.” Private e-mail message to Brenda Plant. August 30.

Ellman, Eugene (2004). “Comments on Paper.” Private e-mail to Brenda Plant and Coro Strandberg. September 8.

Emerson, Jed (2003). “The Blended Value Proposition: Integrating Social & Financial Returns,” California Management Review 45, 4 (Summer).

Emerson, Jed (2000). The Nature of Returns: A Social Capital Markets Inquiry into Elements of Investment and The Blended Value Proposition. Harvard Business School Working Paper. www.blendedvalue.org

ERISA (1974) “29 CFR 2509.94-1 – Interpretive bulletin related to the fiduciary standard under ERISA in considering economically targeted investments.”

Falconer, Kirk (1999). Prudence, Patience and Jobs: Pension Investment in a Changing Canadian Economy. Canadian Labour Market and Productivity Centre, January.

Falconer, Kirk (2001) Capital That Works! Pension Funds and Alternative Strategies for Investing in the Economy. Ottawa: CLBC

Harrigan, Sean (2003). “Economically targeted investments: Doing well and doing good,” in Isla Carmichael and Jack Quarter (eds.), Money on the Line: Workers' Capital in Canada. Canadian Centre for Policy Alternatives, pp. 237–252.

Hebb, Tessa (2001). “Introduction: The Challenge of Labor’s Capital Strategy,” in Archon Fung, Tessa Hebb and Joel Rogers (eds.), Working Capital: The Power of Labor’s Pensions. Ithaca and London: ILR Press, pp. 1–13.

Hebb, Tessa, and David Mackenzie (2001). “Canadian Labour-Sponsored Investment Funds: A Model for U.S. Economically Targeted Investments,” in Archon Fung, Tessa Hebb and Joel Rogers (eds.), Working Capital: The Power of Labor’s Pensions. Ithaca and London: ILR Press, pp. 128–157.

GAO (1995) Public Pension Plans: Evaluation of Economically Targeted Investing Programs. U.S. General Accounting Office, March 17, 1995, GAO/PEMD-95-13. Cited in Doug Hoffer “A Survey of Economically Targeted Investing: Opportunities for Public Pension Funds” (Vermont: 2004).
Institute for Fiduciary Education (1993), Cited in Doug Hoffer “A Survey of Economically Targeted Investing: Opportunities for Public Pension Funds” (Vermont: 2004).

Kreiner, Sherman (2003). “The role of progressive labour-sponsored funds as tools for advancing economic and social goals: The Crocus Investment Fund experience,” in Isla Carmichael and Jack Quarter (eds.), Money on the Line: Workers' Capital in Canada. Canadian Centre for Policy Alternatives, pp. 219–236.

Lévesque, Benoît, Yvan Comeau, Denis Martel, Jean Desrochers and Marguerite Mendell (2003). “Les fonds régionaux et locaux de développement en 2002.” Centre de recherche sur les innovations sociales dans l’économie sociale, les enterprises et les syndicates (CRISES No. 0309), October.

Macdonald and Associates Limited (2003). 2003 VC Industry Overview. www.canadavc.com/info.aspx?page=stats

Mendell, Marguerite, Benoît Lévesque and Ralph Rouzier (2000a). New Forms of Financing Social Economy Enterprises and Organizations in Quebec. ARUC Working Paper I-03-2001, September.

Mendell, Marguerite, Benoît Lévesque and Ralph Rouzier (2000b). The role of the non-profit sector in local development: new trends in “Financing the Social Economy in Quebec.” OECD/LEED Forum on Social Innovation.

Meritas Mutual Funds (2004). “Meritas Mutual Funds Is Canada’s Only Fund Company to Incorporate Community Development Investments into Its Funds’ Portfolios.” Press Release, March.

NCCA (2002). Inside the Membership: 2002 NCCA Membership Statistics and Data, National Community Capital Association. www.communitycapital.org/

Office of the Treasurer (California) (2004a) Double Bottom Line Investment Returns. State of California, March 31.

Office of the Treasurer (California) (2004b).“Treasurer Angelides Wins CalPERS Approval of Innovative ‘Clean Technologies’ Investment Program, A Key Part of His ‘Green Wave’ Environmental Investment Initiative.” Press Release, March 15.

Office of the Treasurer (California) (2004c). “State Treasurer Phil Angelides Launches 'Green Wave' Environmental Investment Initiative to Bolster Financial Returns, Create Jobs and Clean Up the Environment.” Press Release, February 3.

Office of the Treasurer (California) (2004d). ”The Green Wave Initiative.” Fact Sheet, February.

O’Rourke, A., and J. Randjelovic (2003). “The Emergence of Green Venture Capital.”

Parker, Nicholas (2004). Private e-mail message to Coro Strandberg. August 19.

Perrin, Thorau & Assoc. (1998). Analysis of Fiscal Costs and Fiscal and Economic Benefits of the British Columbia Working Opportunity Fund 1992 to 1998. November.

Plant, Brenda (2003). Mission-based investing: current practices and perceived barriers among foundations and endowments in Quebec. Working Paper. École des hautes études commerciales, Centre d’études en administration internationale (CETAI), September.

PWCFN (2003). Strengthening Our Communities: PanWest Community Futures Network Annual Report 03. PanWest Community Futures Network.

Quarter, Jack and Isla Carmichael (2003). “Why some pension funds and labour-sponsored investment funds engage in social investment: An organizational analysis,” in Isla Carmichael, and Jack Quarter (eds.), Money on the Line: Workers' Capital in Canada. Canadian Centre for Policy Alternatives, pp.139–162.

Randjelovic, J., A. O’Rourke and R. Orsato (2002). The Emergence of Green Venture Capital. Working Paper. Centre for the Management of Environmental Resources, 2002/51/CMER, INSEAD.

REDF (2004). www.redf.org

Rennings, K. (2000). “Redefining innovation—eco-innovation research and the contribution from ecological economics,” Ecological Economics 32 : 319–332.

Schindelks, Kevin (2003). “Aboriginal Financial Institutions, Fiscal 2003,” National Aboriginal Capital Association (NACCA).

SDTC (2003). “Practical Solutions Annual Report 2003.” Sustainable Development Technology Canada (SDTC). www.sdtc.ca/

SECOR (1996). “Retombées Économiques et Fiscales des Investissements du Fonds de Solidarité des Travailleurs du Québec (FTQ). 1984–1995.”

SIF (2003). 2003 Report on Socially Responsible Investment Trends in the United States. Social Investment Forum (SIF) Industry Research Program, October.

SIF (2000). 2000 Report on Increasing Investing in Communities. Social Investment Forum (SIF) Industry Research Program, September.

SIO (2003). Canadian Social Investment Review 2002. Social Investment Organization (SIO), March.

SIO and Riverdale CDC (2003). A National Study of Community Investment in Canada. Social Investment Organization (SIO) and Riverdale Community Development Corporation, September.

Social Capital Partners (n.d.). “What is Social Return On Investment?” www.socialcapitalpartners.ca/measuring_sroi.html

Social Capital Partners (2002). Alternate Funding Mechanisms for Social Initiatives. Social Capital Partners, December.

Strandberg, Coro (2004a). “Community Investing: Acting Globally and Locally,” in Global Profit and Global Justice: Using Your Money to Change the World. Gabriola Island: New Society Publishers.

Strandberg, Coro (2004b). The Emergence of Community Investment as a Strategy for Investing in Your Community. Paper delivered at the Saskatchewan Investing in Your Community Conference, March.

Tarbox, Monte (2000). “Economically Targeted Investing,” in Eugene Burroughs (ed.), Investment Policy Guidebook for Trustees. International Foundation of Employee Benefit Plans (U.S.), pp. 101–112.

Vodden, Keith, and Janice Cook (2002). Summative Evaluation of the Aboriginal Business Development Program. Ottawa: Industry Canada. http://strategis.ic.gc.ca/epic/internet/inabc-eac.nsf/en/ab00246e.html

Wehrell, Roger (2002). The Atlantic Micro-credit Socio-Economic Impact Study: Final Report. Atlantic Canada Opportunities Agency, Antigonish, December.

Weicker, Ference & Co.(2003). Impact of the Community Futures Program in Western Canada: An essential guide to understanding the vital role CFDCs play in the development of Canada’s rural and northern communities. PanWest Community Futures Network.

Wüstenhagen, Rolf, and Tarja Teppo (2004). Venture capital investment in sustainable energy: Factors determining the emergence of a new market—draft. University of St. Gallen, Switzerland.

Yaron, Gil (2001). The Responsible Pension Trustee: Reinterpreting the Principles of
Prudence and Loyalty in the Context of Socially Responsible Investing. May.

Yaron, Gil, and Freya Kodar (2003). “How to Incorporate Active Trustee Practices Into Pension Plan Investment Policies: A resource guide for pension trustees and other fiduciaries,” in Isla Carmichael and Jack Quarter (eds.), Money on the Line: Workers' Capital in Canada. Canadian Centre for Policy Alternatives, pp. 71–138.

Zanglein, Jayne Elizabeth (2001). “Overcoming Institutional Barriers on the Economically Targeted Investment Superhighway,” in Archon Fung, Tessa Hebb and Joel Rogers (eds.), Working Capital: The Power of Labor’s Pensions. Ithaca and London: ILR Press, pp. 181–202.