Adam Spence and Company Bottom Line

Bill Young: Enter a vanguard of players who are interested in more than a company bottom line, according to The Toronto Star. They’re asking whether businesses give employees access to an increasingly rare set of luxuries: decent salaries, paid sick days, health benefits, and a chance to climb the career ladder. When you look at trends around precarious work, youth unemployment and part-time work, there certainly is a need for alignment with financing enterprises that do fund good jobs, says Adam Spence of the MaRS Centre for Impact Investing. Toronto investor Bill Young, for example, has for the past decade made it his modest mission not just to create jobs for people who need them most, but to change Canada employment landscape. He then moved on to giving loans to private-sector franchises that agreed to implement community hiring programs that aim to get underemployed locals into jobs. He founded Social Capital Partners, which started off backing social enterprises that aimed to generate decent work. (news.financializer.com). As reported in the news.