Community Benefits Summit Highlights Opportunity for More Inclusive Prosperity
Two types of social wealth building initiatives are on the rise: Community Benefit Agreements (CBA) and Social Procurement. Scotland, Los Angeles, the Vancouver Olympics, and even the 2015 Toronto Pan Am Games/Parapan Am Games were amongst the first to adopt CBA's and social procurement adoption. In fact, Ontario is the first Canadian jurisdiction to pass legislation on CBAs. Ontario’s Bill 6, the Infrastructure for Jobs and Prosperity Act, received Royal Ascent in 2015 and the regulations to support this policy are currently in development.
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