Maddie Johnson
Impact investing has gained momentum in recent years as both an investment strategy and an approach to addressing social and environmental challenges.
“People have realized it isn’t just how much money they make, but how they make their money,” said John Bai, chief investment officer at NEI Investments in Toronto. “They want to be a part of the solution.”
Bai places impact investing on a spectrum: on the far right lies traditional investing, which focuses solely on financial return; philanthropy is on the far left, which prioritizes societal gains. Impact investing sits directly in the middle.
“It’s that sweet spot. You have a firm eye on the societal benefits the impact but are also generating positive rates of return,” Bai said.
Maddie Johnson
Impact investing has gained momentum in recent years as both an investment strategy and an approach to addressing social and environmental challenges.
“People have realized it isn’t just how much money they make, but how they make their money,” said John Bai, chief investment officer at NEI Investments in Toronto. “They want to be a part of the solution.”
Bai places impact investing on a spectrum: on the far right lies traditional investing, which focuses solely on financial return; philanthropy is on the far left, which prioritizes societal gains. Impact investing sits directly in the middle.
“It’s that sweet spot. You have a firm eye on the societal benefits the impact but are also generating positive rates of return,” Bai said.
Dream Office REIT betting on Toronto with biggest development proposal since COVID-19 pandemic began Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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A major Canadian developer is betting on the future of downtown Toronto, both the residential and office markets, with a new development proposal that’s the biggest in the city since the onset of COVID-19.
Dream Office REIT submitted an application this week to build a 310-metre office and residential complex at 212 King St. W., on the edge of the financial district. The tower would be among the tallest buildings in the city.