At LIFT, our interest lies in not-for-profit, social enterprises and other organizations that address health, skills development, education and employment. We narrow our focus to organizations with proven track records and unrealized potential for substantial growth – organizations that can make a direct and positive impact on the health and productivity of Canadians.
Education, Skills Development and Employment
A skilled workforce is an essential contributor to economic growth in Canada, and can be achieved through investments in education and skills development. With close to 40 per cent of our workforce lacking the basic literacy and digital skills needed to thrive in the technological age, our nation’s long-term prosperity is at risk.
By ensuring more Canadians have access to educational support, skills training and employment integration, we can contribute to the employability of our workforce. An increase in national literacy levels by 1 per cent would raise Canada’s labour productivity by 2.5 per cent. It is essential for the success of our economy to improve education and skills development, so that Canadians are viable employees in today’s job market.
Education and skills challenges:
- 40 per cent of Canadians, aged 16 and older, lack adequate literacy skills
- Low literacy levels cost businesses an estimated $6 billion annually
- Each year of post-secondary education raises a person’s annual earnings by 8 per cent
Health, Sport and Physical Activity
Sport and physical activity are valuable tools for improving the health and wellness of Canadian families and communities. Physical inactivity accounts for more than $2 billion in annual health costs and carries significant health risks associated with hypertension, obesity, stress and chronic diseases such as diabetes, mental illness, and cardiovascular, respiratory and musculoskeletal diseases.
By eliminating social and economic barriers to sport participation, and enabling Canadians of all ages, abilities and backgrounds to engage in daily physical activity, we can create a culture of active, healthy citizens and communities. We can address the escalating social and economic burden of chronic diseases, and have a significant impact on the long-term health and productivity of Canadians.
Health, sport and physical activity challenges:
- 26 per centf Canadian youth and 59 per cent of adults are overweight or obese
- Physical inactivity costs more than $2 billion annually in health care
- Chronic diseases lead to more than $54 billion in productivity losses annually
LIFT supports social purpose organizations on their journey to make positive and lasting contributions to the social and economic success of our country.