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What is social economy?

Published on
September 8, 2016
From September 7-9, 2016, Montréal will host the GSEF2016 - Global Social Economy Forum. A look at social economy in Montréal
Is this a new trend?

The first social economy businesses were created in Montréal over a century ago. 

There are now nearly 3,400 social economy businesses in Montréal, which represents a little over 60,000 direct jobs. This sector's sales revenue comes to  $2 billion each year!  

Doing business differently - Together

Social economy businesses are collective (NGOs, co-ops or mutuals). Their common point is the desire to do things differently and have a positive impact on the community. Beyond the goods and services they offer, these companies create sustainable and quality jobs for both educated workers and people experiencing situations of exclusion from the job market.   

Diverse and omnipresent

Montréal's social economy is composed of a number of sectors, including environment, urban agriculture, food and restaurants, housing and community real estate and arts and culture. 

Over the years, Montréal has supported a number of social economy projects. There's Pro-Vert Sud-Ouest, which manages eight Montréal ecocentres de Montréal, and Coforce, an adapted work company that employs people with intellectual or physical disabilities and which takes care of maintenance for the Montréal Soccer Stadium, the Biodôme and the Rio Tinto Alcan Planetarium.

GSEF 2016

More than 1,300 participants from local governments, social economy and community-based organizations, the private sector and civil society all over the world will meet at Montréal's Palais des congrès to discuss collaboration between local governments and social economy for developing cities. 

For more information