CCSC Monthly Brown Bag ~ Coops, Credit Unions, and Public Financial Institutions: What prospects in Canada?
What prospects are there in Canada to connect public financial institutions (PFIs) with the needs and aspirations of coops and credit unions? The question is not rhetorical. The Canada Infrastructure Bank, formed in 2017, is approaching its five-year review. It has been criticised for promoting privatization of public water services and there is little sense that the CIB is strategically interested in supporting coops or credit unions. Should it be? In 2020, the Government of British Columbia established a new $500 million public investment fund, the InBC Investment Corporation. It has a triple bottom line mandate and is tasked with supporting SMEs, green transitions, and an inclusive economy. Yet here too there is as yet no strategic orientation towards coops or credit unions. This Monthly Brown Bag featuring Thomas Marois, PhD, will ask: In what ways can and should PFIs support coops and credit unions to help create more inclusive and green social economies?