When a housing co-operative in Kamloops, B.C., needed money to build 53 affordable, net-zero homes, part of the financing came from an unusual source – 95 individuals who chose to invest in it.

Together with a few other investors, they put $1.1 million into Propolis Housing Co-operative through community bonds, lending their money to a project they wanted to see built and earning a financial return in exchange.

At a moment when Canada is searching for more investment, Propolis is an example of an overlooked source of capital – the savings of ordinary Canadians. If we want more of that money for viable projects in our communities, those investments need to be easier to make and more financially attractive for Canadians.

Community wealth building is a strategy for Canada’s transition to net zero Foundations ought to be investing in infrastructure A million new non-market homes in 10 years: That should be the goal

Community wealth building is a strategy for Canada’s transition to net zero

Foundations ought to be investing in infrastructure

A million........

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