Linking Truth and Reconciliation to Social Finance

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A Tribe Called Red sets the context.

What does the TRC have to do with Social Finance?

A quick read of the Principles for Truth and Reconciliation reveals a clear context for the job of social finance in rural and Aboriginal communities across Canada. 

From the TRC Report: What We Have Learned — All Canadians must now demonstrate the same level of courage and determination, as we commit to an ongoing process of reconciliation. By establishing a new and respectful relationship between Aboriginal and non-Aboriginal Canadians, we will restore what must be restored, repair what must be repaired, and return what must be returned.

The principles document outlines 10 guiding principles. Four and Five are particularly instructive to an emerging social finance sector.

4. Reconciliation requires constructive action on addressing the ongoing legacies of colonialism that have had destructive impacts on Aboriginal peoples’ education, cultures and languages, health, child welfare, the administration of justice, and economic opportunities and prosperity.

5. Reconciliation must create a more equitable and inclusive society by closing the gaps in social, health, and economic outcomes that exist between Aboriginal and non-Aboriginal Canadians.