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 disbursed
- Social benefits reported:
- Better quality of life
- Stronger community ties
- Heightened cultural vitality
- Preservation of heritage
- Support for educational activities
- More local employment and volunteer positions
- Recreation centres, pools and ice rinks
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- 13 capital projects
- $41,388,566 disbursed
- Social benefits reported:
- Promotion of public health through physical activity
- Improved local quality of life
- Increased economic growth through events and visitors
- Affordable housing (new builds and retrofits of existing units)
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- 4 capital projects
- $6,776,955 disbursed
- Social benefits reported:
- More welcoming places to live, work and start a business
- Help in addressing poverty
- More security and comfort for vulnerable populations
- Retention of workers and attraction of newcomers
- Enriched neighbourhoods that drive economic growth
- Active transportation (pathways for cyclists and pedestrians)
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- 3 capital projects
- $12,600,000 disbursed
- Social benefits reported:
- Improved public health through physical activity
- Improved public safety
- Boosted community pride
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:
• $1.4 billion of national GDP
• 12,179 person-years of national employment
• $639 million of national wages and salaries paid to households
Find out more about GMF’s impact in our Annual Report