Canadian Personal Finance Blog

Archive for December 9th, 2006

Interesting. Our friendly grinches over at Stats Canada have come out with an interesting study of how the growth of Non-profit businesses (as compared to Canada’s GDP) has outstripped the economic growth overall of Canada.

“Non-profit organizations not only play an important role in the well-being of Canadians, they also constitute an economic force,” , was said.

Now I am not really surprised, given the number of non-profit organizations that I am part of and that I know of (Church, Basketball Teams, etc.,) and their budgets are not insignificant and the amount of money that goes through these organizations is not unsubstantially either.

And they constitute 7.1% of the economy? Wow, now that is a force. Remember you non-profit folks, you are an important engine in our economy! Something to think about this weekend. –C8j