06/04/2026
Canada’s non-profit and charitable organizations are an under-recognized economic engine. The community services subsector alone employs more than 620,000 people and contributes $25 billion to Canada’s gross domestic product.
In response to increasing service demands and current funding trends, there is a growing need for adaptive and complementary approaches, and some community organizations have been reimagining their roles, stepping outside traditional funding models to form partnerships that leverage their knowledge of community needs.
Moving from funders/grantmakers to investors/collaborators, the social sector is exploring shared-risk models, blending private and public capital, and embedding local community-building expertise within business skill development.
From The Philanthropist Journal. Read more about how private sector, government, funders, and community agencies work together, in the full article:
https://thephilanthropist.ca/2025/11/lessons-learned-through-local-economic-development/
