Community economic development, or CED, is the backbone of the work we do at the Women’s Economic Council. We are a CED organization, but with a unique and specific focus.
Many of our projects are designed to aid CED organizations across the country. We work hard to get policies changed to benefit CED organizations because they have a holistic (and therefore more practical) approach to economics.
What Is Community Economic Development?
As the video above explains, community economic development focuses on enacting change across the entirety of the economic system. That focus includes many kinds of development that do not have a direct economic goal or outcome.
As it is described by the Canadian CED Network, community economic development is “an approach that recognizes that economic, environmental and social challenges are interdependent, complex and ever-changing.”
CED organizations are engaged in very complex problems which is why resource sharing and networking is so important.
At the Women’s Economic Council, we focus on women-centred CED. We use the broad framework that characterizes CED, but adapt it to the needs of women.
Women have specific financial and social needs which most mainstream CED organizations do not recognise. Women’s specific needs are often linked to their caregiver role. The result is that the systems CED organizations use may not be as effective for women as for men.
No other CED organization focuses on women’s reality. Our objective and scope is unique and helps us to form very close relationships with the women-centred CED organizations with which we work.
The Canada Revenue Agency (CRA) provides information about community economic development, and helps you decide whether or not to register your CED project or organization as a charity. It guides you through the intricacies of that registration process while explaining many of the crucial terms and systems.
In this guide, you’ll learn how to organize your own women-centred cluster table to get your organization talking about developing a community economic development initiative.
This report explores ways to influence social change with a market-based approach. On a basic level, it considers how we can best influence consumer and market trends.