In an online survey, 65% of responding Toronto the Better businesses report they provide services targeted to the marginalized, in whole or in part, and 38% of these earn a substantial (30%+) part of their income from such services.
New research shows that social enterprises, businesses operated by non-profit organizations for the dual purpose of generating income and creating a social, environmental, and cultural value, are significant contributors to both employment creation and economic generators.
Laurie Mook, Jack Quarter, and Sherida Ryan
While the term ‘social economy’ is used widely in Western Europe and Quebec, it has had minimal currency in English Canada, where the differences between the public and private sectors and among nonprofits, co-operatives, social enterprises, and community economic development organizations have been emphasized. Researching the Social Economy addresses these limitations by presenting a collection of original essays on the burgeoning bodies of research on the social economy across Canada.