KPU's Faculty of Arts/School of Business Program
Published on May 07, 2021
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KPU's Faculty of Arts/School of Business Program
NGO and Nonprofit Studies Program
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You do know them......
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Over 2 million Canadians work in over 170,000 charitable and nonprofit sector organizations (86,000 registered charities) that generate about 8.5% of Canada's total GDP.
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Economic activity in the nonprofit sector totalled $169.2 billion in 2017, representing 8.5% of Canada's gross domestic product (GDP).
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If the GDP of Canada was approximately 1.8 trillion the registered charity sector is about 13.3% percent of GDP
Real estate and rental and leasing (13.04%) Manufacturing (10.36%)
Mining, quarrying and oil or gas extraction (8.14%)
Finance and insurance (7.1%)
Public administration (6.33%)
Wholesale trade (5.66%)
Retail trade (5.41%)
Transportation and warehousing (4.44%)
Utilities (2.27%)
Accommodation and food services (2.17%)
Agriculture, forestry, fishing and hunting (1.65%)
In 2017, average compensation per job in the nonprofit sector was $57,000. Employees of community nonprofits received approximately $42,500 while employees in business and government nonprofits received $54,400 and $63,000 respectively. In contrast, average compensation per job over the entire economy was $59,900.
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Social finance is an investment that seeks a measurable social,
cultural, and/or environmental impact as well as a financial return for the investor(s)
(Myers & Conte, 2013).
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