Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


The Government of Canada Is Taking Action to Address Local Challenges

TORONTO, ONTARIO -- (Marketwire) -- 11/08/12 -- The Honourable Diane Finley, Minister of Human Resources and Skills Development, today announced that the Government is taking action to find new initiatives to shape social policy in Canada. The announcement was made at MaRS' fifth annual Social Finance Forum in Toronto.

"Our Government recognizes that we must take steps to enable communities to tackle local challenges," said Minister Finley. "By harnessing private sector capital and business practices, we can better respond to social challenges such as homelessness, unemployment and poverty."

Social finance is about mobilizing private capital to achieve social goals, creating opportunities for investors to finance projects that benefit Canadians and realize financial gains. As announced in Economic Action Plan 2012, the Government has been exploring social finance, with the goal of eventually testing new methods of addressing existing social and economic challenges in Canada.

"MaRS is committed to advancing new models of finance that will provide measurable social and environmental outcomes as well as financial returns," said Ilse Treurnicht, CEO, MaRS Discovery District. "Policy makers have an important role to play in enabling the growth of this emerging field in Canada, and we are encouraged to see this reflected as a priority by the Government of Canada."

The Government will partner with organizations, businesses, and not-for-profit organizations to build further momentum in Canada around social innovation and social finance tools. Interested organizations are invited to submit their innovative ideas to help shape future social policy in Canada. Ideas will be accepted until December 31, 2012. Those interested in participating should visit: hrsdc.gc.ca/socialfinance.

Follow us on Twitter

IF THERE IS A DISCREPANCY BETWEEN ANY PRINTED VERSION AND THE ELECTRONIC VERSION OF THIS NEWS RELEASE, THE ELECTRONIC VERSION WILL PREVAIL.

This news release is available online at: www.actionplan.gc.ca.

Backgrounder

On November 8, 2012, Minister Finley announced that the Government is taking action to address social challenges through social finance initiatives, and launched a Call for Concepts for social finance. The Call for Concepts is designed to invite interested parties to submit innovative ideas; it is not an application process for federal funding.

Social Finance

Social finance is about mobilizing private capital to achieve social goals. Social finance creates opportunities both for investors to finance projects that benefit society and for community organizations to access new sources of funds to take great ideas to a new level. For example, individuals or organizations could invest in affordable housing projects or social enterprise such as a cafe that employs at-risk youth.

Social finance includes a new approach to investing, often referred to as "impact investing," which the Canadian Task Force on Social Finance describes as, "actively placing capital in businesses and funds that generate social and/or environmental good and (at least) a nominal principal to the investor." This means that investors can use their money to fund projects that will support social goals and expect some financial gains out of it.

The Government of Canada has already started to test new ways of developing and funding innovative solutions to complex social challenges through pilot projects. For example:

1. Community Innovation pilots will support projects that address economic and social issues in rural and northern communities. Through leveraged support, the Arctic Children and Youth Foundation delivers a project that helps Arctic children and youth obtain standards of education, opportunities and health equal to those of other Canadians.

2. A Community Partnerships pilot, Calgary's Community Kitchen Program, mobilizes public and private funding to train volunteers to complete a simple needs assessment for clients and links them to appropriate community supports and address social exclusion.

3. Third Party Leadership pilots test whether grant-making organizations can leverage federal funding at a ratio of 1:3. For example, the Hamilton Foundation will leverage funds for a project to enhance community social and health services support to young, marginalized, low income first-time mothers.

Social Partnerships

Social partnerships are about building stronger, more effective government-community partnerships that present more sustainable, performance-based solutions to addressing social issues.

Economic Action Plan 2011 stated "the Government will take steps to complement community efforts by encouraging the development of government/community partnerships, enabling communities to tackle local challenges and testing new approaches to improve performance". Economic Action Plan 2012 reiterated the Government's intention to support momentum around social finance initiatives and further explore social finance tools for use in Canada.

The Minister of HRSDC established a Voluntary Advisory Council on Social Partnerships in 2011, composed of key individuals from the private and not-for-profit sectors, to provide advice on matters related to social partnerships and social finance in Canada.

Social Impact Bond (SIB)

A Social Impact Bond is one example of a social finance tool that is currently being explored or tested to address social challenges in many communities around the world and this tool is now being explored in Canada.

Essentially, a SIB is a contract between a government and an external organization(s), in which the government identifies desired social results and commits to pay the external organizations an agreed-upon amount of money if these results are achieved. External organizations involved in this arrangement may include charitable and/or for-profit investors and service delivery organizations. Typically, investors provide the money to finance an organization to deliver a service. If the agreed-to results are achieved, investors may receive up to 100 percent of the original investment as well as a financial return. If the results are not achieved, the government does not pay.

Contacts:
Marian Ngo
Office of Minister Finley
819-994-2482

Media Relations Office
Human Resources and Skills Development Canada
819-994-5559

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Web 2.0 Latest News
Many workloads are already in the cloud: Most organizations today run at least some workloads in the cloud. For newer organizations, they will often run ALL of their workloads in the cloud. For cloud-based workloads, sending log data to a cloud-based logging provider is not quite as bi...
While there could be more similar use cases, the point here is IoT while bringing new innovation and benefits also brings new risks. These risks much different from earlier innovations, because when in earlier cases it is mostly the enterprise financial, reporting and other data pr...
Successful hacks can paralyze websites, enable corporate or personal data to fall into the wrong hands and potentially damage the image, reputation and sales pipeline of the organization under attack. For many, this begs the question ‘Why us?’ To find out, let’s delve into the psyche o...
Large technology manufacturers that focus on channel sales through distributors and resellers have traditionally operated with informal processes, using tools like spreadsheets and information driven by anecdotal stories from channel partners, unstructured data, and the "gut instinct" ...
We created GSX Monitor & Analyzer to help IT administrators ensure that they are utilizing resources and delivering the best end-user experience possible in these complex environments. As experienced email and messaging systems administrators, we found that there was a profound lack o...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE