June 02, 2026

Profit with Purpose: Can Private Capital Fix the Housing Crisis?

21 minutes

Welcome to the CanadianSME Small Business Podcast, hosted by Kripa Anand. Today, we explore how real estate, social impact, and disciplined investing can work together to solve Canada’s housing challenges.

Joining us is Nikolai Ray, President of Ikigai Impact. Nikolai shares how conscious capitalism and scalable housing strategies can create both financial returns and lasting community value.

Key Highlights

The Ikigai Model: Nikolai explains how purpose shapes investment strategy.

Private Capital Impact: Nikolai shares how investors can support housing supply responsibly.

Scaling with Purpose: Nikolai highlights why focused expansion protects mission and quality.

Impact Investing Reality: Nikolai explains why social impact and profit are not opposites.

Housing Market Future: Nikolai outlines opportunities and challenges shaping Canada’s future.

Learn more about Ikigai Impact: https://ikigai-impact.com/

Connect with Nikolai Ray on LinkedIn: https://www.linkedin.com/in/nikolairay/?isSelfProfile=false

Special Thanks to Our Partners:

UPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWA

ADP Canada: https://www.adp.ca/en.aspx

For more expert insights, visit www.canadiansme.ca and subscribe to the CanadianSME Small Business Magazine. Stay innovative, stay informed, and thrive in the digital age!

To learn more about how we are supporting the ecosystem, please visit the CanadianSME Small Business Foundation at smbfoundation.ca.

Disclaimer: The information shared in this podcast is for general informational purposes only and should not be considered as direct financial or business advice. Always consult with a qualified professional for advice specific to your situation.

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By SK Uddin