In the magical realm of social economy, you'll often see a strange beast named Jargon. We see Jargon much too often and want to be clear about our terms.
What is the social economy in Alberta? Well in short, the social economy consists of social enterprise and social finance organizations working towards increasing the scale of their impact and improving social outcomes for all Albertans. Examples of organizations that fit into the social economy are non-profits, charities, co-operatives, social enterprises, and social finance, amongst others.
(in general use) a complex network or interconnected system. Oxford Language Dictionary
Social enterprise is defined as any organization or business that uses market-oriented production and sale of goods and/or services to pursue a public benefit mission. Definition from Mobilizing Private Capital for Public Good by the Canadian Task Force on Social Finance.
Tools that seek to mobilize private capital for the public good. Social finance creates opportunities for investors to finance projects that benefit society and for community organizations to access new sources of funds. Definition from the Government of Canada - Employment and Social Development Canada.