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New social finance marketplace: Growcer Finance launches

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Did you know that about 95 percent of the fresh greens you see in the grocery store are imported from the United States? Growcer’s on a mission to change that, with their modular farms made to withstand Canada’s inhospitable weather. 

The organization’s new program, Growcer Finance, is a new marketplace filling a gap in the sustainable agriculture world — connecting socially and environmentally conscious investors to the entrepreneurs who are making a meaningful difference in communities’ food security. 

Growcer is fundraising a minimum of $10 million and maximum of $30 million for the pooled fund, from accredited investors. The fund plans to start investing this quarter in entrepreneurs using Growcer’s modular farms to grow fresh produce in areas of the country without stable and affordable access to this food. 

At Tapestry, we know first-hand that investors are ready to make the switch from traditional investments in harmful and extractive industries to investments that make a positive contribution to their communities. They just need simple, barrier-free ways to find those investments. 

Growcer’s CEO, Corey Ellis, shared four insights on this innovative new financing program, inspiring us at Tapestry — and anyone looking to finance a social purpose project. 

Investors and social entrepreneurs are searching for each other

At Tapestry, we know there are scores of investors ready to put their money where their values are. But they often lack an easy and reliable way to find sustainable, ethical investments. We see a need for a connector between larger sustainably- and ethically-minded investors and local innovators in sectors like affordable housing, arts and culture, and renewable energy.

Corey noticed something similar. 

“We noticed that there were a lot of places in Canada that were in great need of solutions like Growcer farms to produce more affordable food. Lots of places had this market ripe for disruption, to produce food locally, sell it locally, and displace imports. But we realized that some of those places have very low access to capital,” he says. “At the same time, there were a lot of impact investors who really liked what we were doing and wanted to invest their capital in solutions like this — but they didn’t all want to be farmers. Our role now is to bring those parties together.”

There are benefits beyond sustainable agriculture 

“There’s also an opportunity there to deploy capital in communities that are looking for economic development opportunities, where creating two, three, four jobs is actually pretty meaningful in a community of a few thousand people,” Corey says. 

Tapestry-supported community bonds, too, reverberate positive impact. Since many investors are residents of the community, much of the returns stay in the community — in turn, boosting the area’s economic development. 

It’s possible to convert traditionalist investors

The fact is that the status quo isn’t cutting it anymore. “Especially post-COVID, all the stakeholders in the value chain of food and grocery are trying to find more resilient ways to procure vegetables,” says Corey. “Fundamentally, there’s a big gap in the agricultural infrastructure in Canada that perhaps more conventional financing is not well suited to finance completely on their own.”

Meanwhile, investors used to traditional approaches are still resonating with Growcer’s approach. “We see a lot of family offices, high net worth and ultra-high net worth individuals. We are seeing some commercial real estate investors that are interested in infrastructure assets, because ultimately the fund looks a lot like a real estate fund, structurally speaking. So, a lot of folks who would normally deploy their capital into a real estate investment trust or some sort of other real estate fund structure” are choosing Growcer Finance. 

With Tapestry’s focus on affordable housing, we’re also keen to see investors moving money from traditional, often harmful funds like real estate investment trusts (REITs) and into community-focused investments. 

Investment readiness is key

An important role Growcer Finance plays is vetting farmers for their readiness to take on investment. What are they looking for? A solid business plan, of course, but Growcer Finance also leans toward a character-based lending approach. “We’re looking for the right attributes and evidence of past successes. Have you built a business or run a business before that has found some success, or have you been an intrapreneur and can you speak to how those skills are transferable?” Corey says. “And for the people who aren’t selected in a particular cohort, there are oftentimes opportunities for us to give feedback, the things they can do to improve and strengthen their application for next time. For those people who may not get a ‘yes’ the first time around, if they put in the work, and six months later we hear from them again, we’re going to feel better about their application.” 

Investment readiness is an important part of Tapestry’s work, too. We help organizations determine whether they’re ready to take on community bond investment, and support them as they prepare for a raise. Curious about whether your organization might be ready for a community bond campaign? Take our Qualifier quiz or get in touch with our team to learn more. 

Tapestry welcomes Heather Watt-Kapitain as Campaign Manager

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Tapestry Community Capital is happy to welcome Heather Watt-Kapitain to the team. As Campaign Manager, Heather will support community bond issuers through all stages of the bond lifecycle, from the earliest feasibility stages all the way to reinvestment campaigns. 

Heather brings with her many years of experience in project management, entrepreneurship, stakeholder engagement, facilitation, and community finance. In 2016, when she was chair of the board of 10C, a coworking space in Downtown Guelph, Ontario, she supported the campaign to purchase and renovate a 15,000 square foot building — and raise $2.5 million for it through community bonds. 

In 2021, Heather left the board for a staff role at 10C where she joined the Harvest Impact team, a character-based lender powering social enterprises and regenerative farmers working toward a circular economy. 

Heather’s looking forward to bringing all of this experience to Tapestry’s clients — and in doing so, “shifting status quo, shifting mindsets, getting people to see the possibility and the opportunity in social finance,” she says. “In a time where there can

be general feelings of hopelessness, community bonds give people an opportunity to take action and support effective change.”

Outside of work, Heather has a busy home life with three kids and three dogs. She loves to read and spend time in the woods in Guelph, where she lives. “The entire Tapestry team knows that my son and I have this cold plunge challenge that we’ve been doing for the last 10 weeks,” she adds with a laugh, “so I like taking on absurd things like that.”

We hope you’ll have the opportunity to meet Heather soon. If you’d like to get in touch, you can reach her at heather@tapestrycapital.ca. Welcome to the team, Heather! 

Tapestry welcomes investment associate Ashley McFarlane to the team

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Tapestry Community Capital is happy to welcome Ashley McFarlane to the team. As investment associate, Ashley will support Tapestry’s clients, making sure they have all the documents ready and systems in place to raise community bond investments and repay their investors. 

Before coming to Tapestry, Ashley worked in banking, having graduated from Carleton University’s Sprott School of Business in 2020. At the Bank of Montreal, Ashley loved being client-facing, and it sparked her interest in investment. Meanwhile, an activist friend sent her the posting for Tapestry’s investment associate opening, and she was pleasantly “shocked,” she says, to discover the world of community investment. 

“These are people who are actually trying to help their communities,” she says. “It’s still financial services, but they are trying to do something bigger. I feel good about the job I’m doing.”

Ashley found her way to the world of social finance in her own time, but thinks business schools should put more focus on this work. Her program had a few classes on corporate social responsibility, but she says they could be doing much more to introduce students to ethical and sustainable investment. “They’re going to be the next leaders in the business world. How are you going to push them to think outside of the box?” 

Ashley also appreciates Tapestry’s focus on affordable housing, living in Hamilton, Ontario, one of Canada’s most expensive cities. She’s seen friends experience renovictions and neighbourhood storefront institutions become condo developments. Tapestry’s work supporting community land trusts and affordable housing providers “spoke to me,” Ashley says. 

Ashley’s currently working on her Canadian Securities Course. Outside of work and class, she loves to read — ”I can read a 300-page book in a day!” — stay active in the gym and outdoors, and travel, especially to see family in Miami and the Cayman Islands, and to experience the cultures of other countries. 

We hope you’ll have the opportunity to connect and work with Ashley. If you’d like to get in touch, you can reach her at ashley@tapestrycapital.ca. Welcome to the team, Ashley! 

 

 

Marina Eckersley joins the Tapestry Team

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Tapestry is thrilled to welcome Marina Eckersley as our newest member of the Campaigns Team. As Campaign Coordinator, Marina will support social purpose organizations to engage their communities, communicate their investment opportunities, and reach their investment targets. With a diverse background in sales and marketing, and a passion for project management, she hopes to contribute to the growth and awareness of the community bond model across Canada. 

“I’ve been called the queen of structured fun,” says Marina. “I think the name fits because I am hyper organized, love a good excel spreadsheet, and keep everyone on track in order to ensure they are having a great time.” We are sure that Marina is going to bring this same spirit and energy to her work with Tapestry clients. 

Marina’s career has led her from the music industry, to journalism and politics. Most recently she traveled across the province as the Events and Tour Coordinator for Mike Schreiner and the Green Party of Ontario. Marina was drawn to the work that Tapestry does because she saw it as an avenue to apply her skills to do good in the world. “Working in the music industry, I often felt jaded. I thought I was going to be helping artists get their music out to the world when in reality, I was trying to squeeze every penny from them.” 

She is also excited about the opportunity to not just plan for change, but to actually put plans into action. “I see community bonds as a way to use the system, to fight the system,” says Marina. “It can be exhausting talking about what we should do and never getting to the point of implementation – this is a chance to actually do it.” 

“As cliché as it may sound, I want to leave the world a better place,” says Marina. The good news is that at Tapestry, we don’t think it’s cliché at all – it’s central to everything we do. We know community bonds are a flexible tool for non-profits and co-operatives to access the capital they need to do more good, and they are also an instrument that can keep wealth within communities. 

In Marina’s spare time she is a baker and avid knitter. In fact, she once auditioned for the Great Canadian Baking Show and her love for knitting once led her to uncover the hidden truths behind Ontario’s wool industry! Check out the fascinating article here

We hope you will have the opportunity to meet and work with Marina. If you are interested in connecting with her, please reach out by email at Marina@tapestrycapital.ca

 

The Power of Co-operation

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This week is Co-op Week, a time to celebrate the impact that the co-operative sector has had on communities across Canada, and reflect on co-operative values and principles.

So, what exactly is a co-op?

Co-operatives are people-centered enterprises that are owned and controlled by and for their members to bring about common economic, social, and/or cultural goals. Co-operatives bring people together in a democratic and equitable way, following the ‘one member, one vote’ principle. 

As a co-operative organization ourselves, and one that supports other co-operatives to raise community investment, we firmly believe in the benefits that co-operatives bring to society. Because they are not owned by shareholders, co-ops are a vehicle that allow people to take control of their economic future and retain economic and social benefits within their communities. 

More broadly than this, we believe in co-operation – co-operation among community members, among community organizations, among sectors – to create a better future. Co-operation is at the core of what we do, and the essence of community financing. We know that doing things together yields far better results than when done alone. 

To mark the occasion of Co-op Week, our team has been reflecting on this years’ theme: “Co-operation in the World of Tomorrow”. 

Mary Warner, Co-Executive Director 

Mary Warner“I believe in a future where profits are returned to supporters rather than banks, and where investors can feel proud that they put their money in something that they believe in. To me, ‘co-operation in the world of tomorrow’ means communities coming together to support a common goal and jointly investing the capital it will take to realize that vision.”

Satyameet Singh, Campaign Manager

Satyameet Singh“A Co-operative offers it’s members a concrete way to contribute to our inter-dependent reality; one where bridges replace walls. At Tapestry, when I see a cool Co-operative in action – one with shameless idealism and a strong collective resolve – I feel alive.” 

Karen Scottie, Human Resources and Administration Manager 

Headshot“I imagine a world where problems, such as climate change, homelessness and poverty, are not shrugged off due to profit’s bottom line. I see inclusive communities whose inhabitants, both human and non-human, flourish with home-fullness, vibrant public and active transportation, and an economy based on the health of the planet. One step toward this vision is if community members could raise their own funds for their projects, to be the investors themselves. Community bonds make this possible.”

Tapestry receives CMHC support to mobilize investment in affordable housing

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Tapestry Community Capital has been selected as a winner of the Canadian Housing and Mortgage Corporation (CMHC) Housing Supply Challenge to scale up community investment in the affordable housing sector. 

“We are incredibly excited to have the support of CMHC,” says Ryan Collins-Swartz, Co-Executive Director of Tapestry. “With this funding, we will help affordable housing providers to tap into a new source of capital, enable more projects to get off the ground, and increase the supply of affordable housing in Canada.”  

Community bonds are a social finance tool used by nonprofits, charities and co-ops to finance capital projects with impact. Similar to traditional bonds, they are interest bearing loans. The key difference – they provide investors with both a financial and social return. 

While unlocking private capital, community bonds also build a powerful sense of community ownership. Residents, local businesses, and institutions alike can all invest to improve their community, while earning a fair return. Organizations such as Brique par Brique in Montreal, QC and The Mount in Peterborough, ON have successfully utilized community bonds to finance the construction of affordable housing. 

“We have witnessed the power of community bonds to garner community support for projects,” says Mary Warner, Co-Executive Director at Tapestry. “When someone becomes an investor, they are not only becoming financially invested but also emotionally invested in the outcome of the project. For a sector that is often afflicted by NIMBYism, this support is critical.” 

Tapestry is working with multiple partners to support program implementation. Key to the solution are a series of demonstration projects that will utilize and showcase the community bond model. Cumulatively, these projects will leverage $40 million in community investment, financing over 2000 affordable housing units. 

“We are thrilled to be partnering with Tapestry to build a long term, sustainable, and value aligned funding source for our organizations to acquire and preserve affordable housing,” says Chiyi Tam, Executive Director of the Kensington Market Community Land Trust. “We are eager to forge a path forward, demonstrate the community bond model, and support other like minded organizations to follow in our footsteps.” 

The solution also focuses on increasing the participation of retail and institutional investors in affordable housing. By raising awareness among investors and streamlining the process to invest in community bonds, Tapestry will grow the community investment marketplace tenfold. 

“We know there is very strong interest among investors to support affordable housing projects and Tapestry is creating the pathway to make that a reality across communities” says Mritunjay (MJ) Sinha, Tapestry Board Member and responsible and impact investment advisor. 

The program launched in early October and will run until March 2024. For more information about the upcoming events and support for community financing, sign up to The Thread newsletter here.


Photo credit: Cathy Crowe

About Tapestry Community Capital

Tapestry Community Capital is Canada’s leading non-profit service provider for community bonds. For the last decade, Tapestry has been supporting social purpose organizations across Canada to assess, structure, and manage community investments. Tapestry has supported in raising over $100 million from over 4,000 community investors.

For media inquiries, please contact Stephanie Pinnington at Stephanie@tapestrycapital.ca.

About the Housing Supply Challenge 

The Housing Supply Challenge is an innovative competition that encourages interested parties from across the country to propose creative solutions to Canada’s housing crisis. The goal: to help meet Canada’s pressing need for safe and affordable homes by breaking down barriers to the creation of new supply.

Tapestry participated in Round 2 of the program, Getting Started, which seeks to find solutions to pre-development challenges, such as community resistance and obtaining financing. The program granted incubation funding to 29 organizations to allow them to further develop and test their solution proposal. After six months of research and consultation, Tapestry submitted a final solution funding proposal – “Financing Affordable Housing with the Power of Community”. Tapestry is one of 14 organizations selected for funding and will share a pool of $38 million to implement their solutions. 

Working with Tapestry

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For the past 5 months, the Tapestry team has had the pleasure of working with Suzanne Faiza. Suzanne, joined our team as a Researcher, supporting Tapestry’s involvement in the CMHC Housing Supply Challenge, as well as a clean energy project in Atlantic Canada. 

This fall Suzanne will be returning to her Masters of Planning program at the University of Toronto, equipped with new experience and expertise in social finance and community economic development. 

Suzanne, who originally trained and worked as an architect, contributed a wealth of understanding of the affordable housing sector to our growing team. Beyond her knowledge, she brought incredible enthusiasm and excitement to every aspect of work she engaged in. 

“Working on the Housing Supply Challenge was an incredible experience,” she shares, “It gave me an amazing opportunity to understand the affordable housing landscape in Ontario, learn first hand from those actively trying to solve what is one of our country’s greatest challenges, and see the role that social finance can play in increasing Canada’s affordable housing supply.” 

One of Suzanne’s key responsibilities was coordinating and leading stakeholder research. Engaging with co-ops, government bodies, non-profits, and investors, Suzanne always came prepared with creative questions and eagerness to learn from those we consulted with. 

“Attempting to find out what people need is really the bread and butter of being a planner, so it was great to put my facilitation skills to use.”

Contributing to a clean energy project was something new and exciting for Suzanne.

“I’ll be honest, at the beginning it was a little daunting for me because I had to play catch up and learn so many new terms and acronyms!” Suzanne admits. “I really appreciated that the team gave me the opportunity to just absorb information when I needed to,” she said, “In our housing work, I was building off previous experience, but in our clean energy project, a lot of it was completely new to me, so it was very rewarding.”

Reflecting on her experience with the Tapestry team, Suzanne shared that she appreciated the lack of hierarchy in sharing and contributing ideas, the strong commitment of the organization to work-life balance, and the support which she received to grow in her role. 

“Easily the best place I’ve ever worked at!” Suzanne concludes with a big smile. 

We are eager to see where Suzanne’s next year of her Masters program takes her and know that we will be collaborating again in the near future! 

Are you interested in social finance and the work that we do at Tapestry? Keep an eye on our Careers page for new opportunities and sign up to our newsletter for the most current updates on open positions.

Three years after the raise: an update from the Argonaut Rowing Club

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It’s been three years since the Argonaut Rowing Club successfully completed their community bond raise of $1.2 million. The funds from their 90 investors were put to use to revitalize their facilities after a flood caused by the high waters of Lake Ontario resulted in severe damage, and today the Club is looking better than ever! “The renovations have changed everything,” shares Jason van Ravenswaay, President of the Club. “Members are proud of the facility, they are referring others to join, and we have so much dock space for our rowers. We have a real community feeling now, because we have this amazing space where people want to be and catch up.” 

In the wake of the flood, the Board knew they needed to make major repairs but they chose to view the renovations as an opportunity rather than a burden. They saw the opportunity to make the Club fully accessible to their para-athletes and all guests, create new gym space for erging and weightlifting, build new and much needed dock space, and give a facelift to their event space – an important source of revenue for the non-profit organization. And they chose to make this a reality by allowing their supporters to become investors.

 

 

The last few years have not been without hurdles but the Club weathered the storm that Covid-19 brought on, due in large part to the strong cohesion of their community. “Covid was a scary time because there were so many unknowns,” shares Jason. “We had no clue if it was going to continue for 2 weeks, 2 months or two years!”

The Club was closed for short periods in 2020/21 due to province and city-wide restrictions and faced challenges to run two of their most important programs as a result – Camp Argo and Learn to Row. Fortunately, through the perseverance and creativity of their leadership team, the Club was able to reopen through a pilot program launched with Rowing Canada. “The idea was that we could do a test run of how rowing Clubs across Canada could reopen safely,” Jason explains. 

The Club invested in a new fleet of single boats – a necessity with regulations on social distancing and maintaining bubbles. They also got creative with new equipment like oar boards (a quasi paddle board/rowing boat). “The great thing is that this ingenuity has led to some great new developments for the Club. The oar boards have been wildly popular and it’s a fun new offering for us,” says Jason with a smile. 

The tribulations brought on by Covid never affected the Argonaut Rowing Club community bond investors. “We were concerned about the bond holders and adhering to our repayment schedule,” Jason shares. “We considered a number of different options, including the potential to defer interest payments by a year, but we never needed to do that because we got creative with new sources of revenue and really cut costs – all while keeping our employees on board.”

The Argonaut Rowing Club has a close relationship with their investors and believe in always keeping an open and transparent channel of communication. “Our investors were very supportive, they applauded our leadership, offered to help, and many even chose to donate their interest payments back to us,” says Jason. “Through it all, the Club really came together.”

The future is looking very bright for the Argonaut Rowing Club. They are seeing great demand for their event space now that restrictions are being lifted, the rowers are eager to get back out onto the water (in some of the Club’s beautiful crew boats this summer!) and members are gearing up to celebrate the Club’s 150th anniversary this June. The Club has also established a diversity and inclusion committee and allocated 10 free memberships to remove barriers to youth in the local community. 

ARC recently made a momentous announcement that they will become the official rowing center of the University of Toronto (U of T). “A partnership with a university is something we have wanted for a long time now,” says Jason, who is clearly excited about this new development. “We have this brilliant juniors program and so many talented young athletes. We have watched so many of them graduate and leave the Club to pursue rowing at universities outside Toronto.” The hope of the Club is that they can support the university with their recruitment and create continuity to keep their former Junior Argos at the Club. “We are confident that we can help U of T transition into that brand of being a rowing school.”

The Argonaut Rowing Club has a track record to back this up. They have seen their Argo rowers off to a multitude of national and international competitions. Three Argo alumni (Gavin Stone Men’s 4-, Sydney Payne Women’s 8 and Vicky Nolan in the PR3Mix 4+) competed at the 2020 Tokyo Olympic and Paralympic Games this past summer. “We hope with this new partnership with U of T, we will see more amazing young athletes sticking around to become the next leaders of the Club.”

When asked if there are future projects on the horizon for the Club, Jason said “I’m the type of person that is always thinking of what I can do next, but to be honest, the Club is looking great and there aren’t many items on my to-do list anymore.” For the time being, ARC is focused on growing their membership, developing its staffing model and continuing to provide the high quality programming that they are so well known for.

Welcoming three new staff members to the Tapestry Team

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We are thrilled to welcome three new team members to Tapestry! As our team grows, so too does our breath and depth of expertise. Marzie Aghdaee, Suzanne Faiza and Baljmaa Zorig are helping us to expand the reach of the community bond model through research and innovation in the affordable housing and clean energy arenas. 

Meet our new team members below!

 

Marzie Aghdaee, Senior Researcher, Affordable Housing

Marzie describes herself as a jack of all trades, with a career path that led her from cell biology to civic tech, youth empowerment, political engagement and education. The constant throughout her career has been her deep interest in, and passion for, systems thinking and people-centered research design. She has spent the vast majority of her career working with nonprofits, first with rural and marginalized communities in Iran, and more recently in Peru and Canada. For the past 8 years, she has focused on mix-method research, and measurement and evaluation. 

Marzie has joined our team to design and lead an in-depth stakeholder engagement with affordable housing providers, supporters and activators, as part of Tapestry’s participation in the CMHC Housing Supply Challenge. Marzie brings a personal lens to this work. “Being an immigrant to Canada, and coming from a low-income background, I understand the anxiety of finding affordable housing. Affordable housing is one of, if not the greatest, challenges faced by our country today,” she shares. 

 

Suzanne Faiza, Researcher

Suzanne is currently pursuing her Masters in Planning at the University of Toronto, with a concentration in Housing and Community Economic Development. The focus of her research is to assess the feasibility of crowdfunding platforms to facilitate land acquisition groups such as community land trusts. Suzanne is joining our team in a part-time capacity while she completes her studies and is working with Marzie and support our progress in the CMHC Housing Supply Challenge.

Suzanne is trained as an architect, and worked in the field for 6 years before beginning her Masters program. She brings a new element of creativity to our team, with excellent graphic design skills and a love of finding ways to display complex information in easily digestible formats. She is an active volunteer in her community, working closely with the Muslim Food Bank & Community Services, COVID-19 Coming Together Vancouver, and the B.C. Community Alliance, and is passionate about finding innovative solutions to Canada’s affordable housing crisis. 

 

Baljmaa Zorig, Climate Finance Specialist

Baljmaa’s interest in climate change mitigation began early in her career while she was working as an internal auditor at a commercial bank in Mongolia. Her role took her to remote regions of the country where she could see the impacts that climate change was having on local people and businesses, from drought to extreme heat waves. 

With a strong desire to build a more technical skillset, she pursued her Masters in Quantitative Finance at Bentley University as a Fulbright Scholar. During her graduate studies she helped to establish and manage an ESG strategy for the university’s endowment fund, gaining valuable experience in capital markets. She then went on to work with a boutique ESG investment firm in Boston, and later with two international development financing organizations.

Baljmaa joins the Tapestry team to support a new project we are undertaking with a municipality in Eastern Canada to design and implement an investment system to finance their community energy ambitions. Baljmaa loves big data, financial modeling and finding creative financing solutions. “We don’t need fancy solutions, we need practical solutions,” she shares. “As an ESG professional, creating a circular economy is the goal. I think community bonds offer a double win of raising impact capital while also sending profits back into the community.” 

It’s tax season and we’re here to help

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It’s that time of year again. That’s right – it’s tax season. 

For issuers of community bonds, this means it’s time to report the investment earnings of their investors to the Canada Revenue Agency (CRA) and Revenu Québec, and to provide investors with the necessary paperwork to file their income taxes. 

For issuers working with Tapestry, this process is a simple and straightforward one. Our clients need only email their investors to inform them that the tax slips are en route, and we take care of the rest! 

At Tapestry, our investment management software, Atticus, is the real hero of the season. Not only does Atticus securely store investor data and calculate interest disbursements, but it also generates reports that hold the information required for T5 and RL-3 tax slips. 

Tapestry generates these slips and ensures they are sent to investors before the required deadline. 

“Data management tools like spreadsheets are prone to human error,” explains our Impact Investment Manager, Theodora Mladenova. “Not to mention, it isn’t a safe way to store investor’s sensitive information. It is possible for issuers to manage this work on their own, but we save them a whole lot of hassle and reduce these risks.” 

Satyameet SinghBeyond tools such as Atticus, which streamline this process for tax reporting, Tapestry also builds on 20 years of experience in the field. “Ultimately, this knowledge saves our clients time and money, so that they can focus on what they are good at – growing their positive impact within their communities.”  

Our seasoned Campaign Manager, Satyameet Singh, also reminds us that this is an opportune time of year for issuers of community bonds to have a touch point with their investors. “Taxes may be a bit boring but your project certainly isn’t! This is a great time to provide an update to investors on your project and show them how their funds are being put to use,” he explains. “Investors really appreciate this communication, and it helps to build a deep and trusting relationship. We always recommend that our clients take advantage of this opportunity to reconnect with their investors.”

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