What Quebec Can Teach Us About Creating a More Equitable Economy

September 6, 2017 at 10:56 am Leave a comment

Quebec’s social economy (also translated as “solidarity economy”) extends far beyond the province’s two major cities, and includes manufacturing, agricultural cooperatives, daycare centers, homecare services, affordable housing, social service initiatives, food co-ops, ecotourism, arts programs, public markets, media, and funeral homes. The capital that fuels all this economic activity comes from union pension funds, nonprofit loan funds, credit unions, government investment, and philanthropy.

Each enterprise involves a cooperative or non-profit organization — which together make up 8-10 percent of the province’s GDP. More than 7,000 of these “social economy” enterprises ring up $17 billion in annual sales and hold $40 billion in assets (Canadian dollars). They account for about 215,000 jobs across Quebec.

Read What Quebec Can Teach Us About Creating a More Equitable Economy by Jay Walljasper  at Shareable.

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Entry filed under: Business, Economy, Relocalization, Social Enterprise.

Homeacres no dig garden fifth summer: veg, fruit, flowers, intense cropping and easy weeding. Festival of Flavours

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