Environmental impact
Environmental targets are still the main pillar in GMF’s triple-bottom-line approach to all our funding initiatives. In the past two decades, we’ve made significant impacts in all our target sectors:
Social impact
GMF’s offerings benefit entire communities, including vulnerable populations. Social benefits like increased access to affordable housing, strengthened community programs and improved public health help communities to thrive.
Here are some of the ways GMF-funded projects have helped build stronger communities:
- Community centres, cultural centres and libraries
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- 19 capital projects
- $55,482,578 invested
- Social benefits reported:
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Improves quality of life
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Strengthens community ties
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Supports cultural vitality
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Preserves heritage
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Supports educational activities
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Provides local employment and volunteer positions
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- Recreation centres, pools and ice rinks
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- 14 capital projects
- $49,638,566 invested
- Social benefits reported:
- Promotes public health through physical activity
- Improves local quality of life
- Promotes economic growth through events and visitors
- Affordable housing (new builds and retrofits of existing units)
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- 5 capital projects
- $12,526,955 invested
- Social benefits reported:
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Creates welcoming places to live, work and start a business
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Helps in addressing poverty
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Provides security and comfort for vulnerable populations
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Retains workers and attraction of newcomers
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Enriches neighbourhoods and drives economic growth
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- Active transportation (pathways for cyclists and pedestrians)
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- 3 capital projects
- $12,600,000 invested
- Social benefits reported:
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Improves public health through physical activity
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Improves public safety
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Boosts community pride
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Economic Impact
Building sustainable communities is good for the economy. From creating local jobs to driving operational efficiencies that help municipalities stretch tax dollars, the return on GMF investments has always been unmatched.
Using the Local Economic Development (LED) model, we’ve calculated the economic impact of our investments in plans, studies, pilots and capital projects:
- $1.2 billion contributed to national GDP
- 12,622 person-years of employment
- $665 million of national wages and salaries paid to households
Find out more about GMF’s impact in our Annual Report