In the final episode of this three-part series, The Equity Gap goes inside the CLT-credit union solutions lab. We hear about why Canada Mortgage and Housing Corporation invested in solutions labs as a way to tackle Canada’s housing crisis. Lab participants walk us through the portfolio of solutions they've been prototyping, and the ones they're most excited to see tested in the real world — from blended finance tools that let credit unions stack mortgage debt with community and foundation capital, to GICs that let community members fund CLT acquisitions directly through their credit union.
It’s certain that one of the lab’s most durable outputs may be the relationships and trust built between the credit union and CLT sectors. As one participant puts it, the relationships built here are what turn strangers from two different sectors into people who pick up the phone and call each other with an idea.
THANKS TO OUR GUESTS
Andrew Cowan, Senior Specialist, Innovation and Research at Canada Mortgage and Housing Corporation
Sean Geobey, Associate Professor in the School of Environment, Enterprise and Development at the University of Waterloo, & consultant with Scaled Purpose
Mike Bulthuis, Executive Director, Ottawa Community Land Trust
Sean Campbell, Executive Director, Union Co-operative
Kate Pearce, Director of Values Integration, Kindred Credit Union
Dominique Russell, Co-director of Community, Kensington Market Community Land Trust Keith Taylor, Executive Director, DUCA Impact Lab
Kevin VanCampen, Senior Vice President of Business Banking, Meridian Credit Union
Chloe Wong, Business Development Manager, Vancity Community Investment Bank
James Yool, Regional Manager in Commercial Lending at Kindred Credit Union
CREDITS
Produced, edited, and hosted by Jay Harrison at Untied Productions.
Music courtesy of Epidemic Sound. Music featured in this episode includes: Very Important Pineapple by Scoobadive, Me Vs World by MV Archives, Squeezing Lime (Instrumental Version) by Sandro, and Beatmospheres by Gridded.
This series was made possible by the Canadian Credit Union Association and Scaled Purpose, with support from Canada Mortgage and Housing Corporation.