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Social innovation through impact investing

What if right around now a solid hunk of global finance grew out of its devilishly anti-social phase and over the next few years got a social life, fell in love and got engaged?

I know. What are the chances that we'll ever see big money flowing into shapely investment pools that genuinely promote collective health, wealth and happiness?

But then again, maybe there's a way. A significant group of Canadian financial visionaries are part of a growing global movement that says it actually can happen. Together, they're scheming to introduce a player in the capital market that defies the traditional dichotomy between seeing investment as making money and donations as doing good.

Meera Karunananthan

Teachers must support public water

| September 3, 2010
Columnists

That letter from your broker ...

The curtain has dropped on another RRSP season, the most dismal in recent memory. What is usually a chirpy celebration of national frugality has descended into a bottomless pit of misery.

Gone is the optimistic dream of Freedom 55, strolling down a Bahamian beach with your loved one. Let's try Freedom 75, flipping burgers at McDonald's until your mutual fund gets back above water.

Even the RRSP ads were depressing. At least the Bank of Montreal's TV spots acknowledged its clients are panicky -- one featured tourists shopping for "really big" worry dolls in a Latin American flea market to cope with the meltdown.

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