Mobilizing Local Capital for Rural Economic Revitalization

Many rural communities struggle to find the means to support the expansion of existing businesses and local start-ups. Traditional institutional lenders are often of marginal help at best, and capital for new rural ventures seems virtually non-existent.

What if the answer to this dilemma is… us?!

As Linda Best and Paul Cabaj persuasively point out, by simply re-directing some of the funds rural citizens place every year in RRSPs to local investment instruments focussed on supporting local economies, great things can happen!

 

Linda Best, Director, FarmWorks (Nova Scotia)

 

Paul Cabaj, Director, Co-Op Development, Alberta Community Co-Operative Association (Alberta)