The Ministry of Government and Consumer Services filed a report today that explores the idea of new legislation to allow for "hybrid" social enterprise corporations. Here's the definition of "social enterprise" given in the report:
A corporate entity that exists primarily to promote public benefit using business strategies, building social and financial capital, and offering innovative ways of operating for social and / or environmental purposes.
One interesting part of the report is a recommendation that social enterprises publish an annual social benefit report and that it be made available publicly. There are 14 other recommendations.
The public has until May 4th, 2015 to provide comments by emailing a filled-in version of this form to consumerpolicy@ontario.ca.
Here are the panel members who wrote the report:
Name | Title |
---|---|
Terrance Carter | Managing Partner, Carters Professional Corporation |
Lynn Eakin | Policy Advisor, Ontario Nonprofit Network |
Linda Godel | Lawyer, Torkin Manes LLP, Not-for-profit and charitable organizations practice |
Allyson Hewitt | Senior Fellow, Social Innovation and Director, SiG@MaRS |
Scott Kaplanis | Partner, Epic Capital |
Teri Kirk | Founder, The Funding Portal |
Bernie Li | Co-founder and Vice President, Pure Energies |
Susan Manwaring | Partner, Miller Thomson LLP, Chair of OBA Charity Section |
Don McCreesh | Chair of Standards Council, Imagine Canada |
Magnus Sandberg | Vice President and General Manager, Social Capital Partners |
David Stevens | Partner, Gowlings LLP, Corporate Tax practice including charities and personal tax planning |
Tonya Surman | Executive Director, Centre for Social Innovation |
Norm Tasevski | Co-Founder and Partner, Purpose Capital |
Kevin West | Founder, SkyLaw Professional Corporation |
Deloitte managed the panel's consultations with the following experts:
Name | Title |
---|---|
Richard Bridge | Charity Lawyer in Nova Scotia |
Sara Burgess | UK Community Interest Company Regulator |
Hayley Clark | Director, Business Programs Service Nova Scotia & Municipal Relations, Government of Nova Scotia |
Silvia Dorado | Visiting Professor, Waterloo Institute for Social Innovation and Resilience |
Peter Elson | Senior Research Associate, Institute for Non-profit Studies, Mount Royal University |
Aaron Emes | Partner, Tory’s |
Shelley McNellis | Director, Innovative Partnerships Ministry of Social Development and Social Innovation, British Columbia |
Nancy Neamtan | Présidente-directrice générale, Chantier de l'économie sociale |
Joyce Sou | Manager, B Corps and Social Impact Metrics, MaRS Centre for Impact Investing |
Dennis Tobin | Partner, Blaney McMurtry |
Erik Trojian | Director of Policy, B Lab |