Enactus Canada Annual Report 2021-2022

ENACTUS CANADA ANNUAL REPORT 2021-2022

Together Again

Enactus Canada is shaping generations of entrepreneurial leaders who are passionate about advancing the economic, social, and environmental health of Canada.

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Enactus Canada

We rally the energy, ideas, and passion of Canada’s best and brightest students with heads for business and hearts for the world who see business as a way to address social issues.

Guided by academic advisors and business experts, the student leaders of Enactus create and implement community-based projects and business ventures in communities across the country.

An annual series of regional, national, and international competitions provides a forum for student teams to showcase the impact of their efforts and to be evaluated by business and social impact leaders serving as judges.

Enactus, as an experiential learning platform, helps students unleash their entrepreneurial spirit and develop the talent and skills essential to leadership in our ever-changing world.

As a global network of 33 countries, our community of student, academic, and business leaders is creating a better world through entrepreneurial action.

Year after year, we continue to be inspired by the work of our network and are proud to share some of their stories.

3,000+ Students Participated

109

Student Entrepreneurs Recognized

67

Campuses Engaged

374,812

Volunteer Hours Completed

188

Projects Undertaken

546

Entrepreneurs Empowered

194 Businesses Launched 32,000+

Individuals Positively Impacted

2022 Annual Report

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Letter from the Chairman & the President If the past few years showed us anything, it was the strength and endurance of the Enactus network. And the 2021-22 academic year was no exception – it was defined by change and new successes.

In July 2022, Enactus Canada welcomed a new President and CEO, Allyson Hewitt, a social innovation expert and experienced leader, eager to help our organization grow and reach new levels of impact. Allyson is thrilled with the opportunity to work with the amazing young people who make up Enactus teams across this country.

In September, we also capped off the programmatic year with our Enactus Canada National Exposition. This was the first in-person Enactus event our network has experienced in over two years. If you’ve ever attended an Enactus event, you’d know it’s impossible to leave one and not feel inspired – and that’s exactly what happened.

For the first time in Enactus Canada history, Okanagan College was named National Champion and proudly represented Team Canada on the global stage at Enactus World Cup 2022 in Puerto Rico. Their social enterprise, the Unusually Good Food Company, which repurposes unwanted apples to simultaneously tackle food waste and food insecurity, landed them a spot in the final four – a place Team Canada has proudly held for the past seven consecutive years.

In addition to the passion and inspiration that make up our events, we are also so pleased to be able to provide a platform to showcase the power of experiential education.

On top of providing a space for personal growth, we want Enactus teams to be places where students can belong, especially as they transition back to in class learning. We want to create safe spaces that allow students to be their best selves; to find their peers who may be different but united by a passion to work together to make things better.

At Enactus, we believe we need leaders in ALL sectors. Leaders that are equipped to make money and create social impact – not as contradictory goals but as complementary ones.

Thank you to all our supporters – our students, alumni, academic leaders, partners, staff and board of directors - for sticking with us through these trying times. We know it hasn’t been easy. However, we are so excited to be on a new path to growth. We want to ensure that every student at a post-secondary institution in this country has a chance to gain a sense of agency and we cannot do that without you.

Together, we are shaping the leaders Canada not only needs, but deserves!

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Enactus Canada

Ian Aitken, M.S.C., CFA Founder & Chairman Enactus Canada

Allyson Hewitt President & CEO Enactus Canada

2022 Annual Report

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2022 National Champion and Enactus World Cup Finalist

Enactus Okanagan College

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Enactus Canada

If you looked on the grounds of orchards across the Okanagan Valley, you’d likely find unwanted apples left to rot simply because they don’t meet the vanity standards of grocery stores. This is far from an isolated problem, as there are an estimated half a billion apples that go to waste in Canada ever year. All this waste, and yet 5.8 million Canadians struggle to put food on the table.

The team at Enactus Okanagan College saw an opportunity to not only address food insecurity in their community but also prevent thousands of pounds of apples from going to waste.

The solution? Apple chips!

With the help of a local non-profit, Enactus Okanagan’s Unusually Good Food Company uses an innovative process to dehydrate perfectly edible apples and turn them into healthy apple chips.

These apple chips are then donated to breakfast and lunch programs at local schools, food banks in the Okanagan community, and internationally, to countries like Ukraine and North Korea.

The team innovated even further by once again using the same beautiful, imperfect apples to produce a high-quality juice with an extended shelf life. By creating a new revenue stream with their juice, they’re able to pay farmers for the apples that would have otherwise gone to waste, giving back to their community.

2022 Impact ----------22,658 Individuals Impacted $18,255 Revenue Generated 13,049,840 Litres of Water Saved 155,910 lbs. of C02 Avoided 38,000 Apple Chip Servings Donated Are you or your company interested in tackling food waste?

Contact partnerships@enactus.ca to learn more.

2022 Annual Report

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POLY

Enactus University of Ottawa Every year, plastic production and disposal emits 850 million tonnes of greenhouse gasses. By 2030, Canada is expected to use more than six million tonnes of plastic annually. Out of all the plastic produced globally, only 9% of it ever gets recycled and over 30% of all recycling ends up in the landfill due to contaminants.

By scaling down the technology and processes found in large recycling plants, the team at Enactus University of Ottawa created POLY – an initiative designed to empower their community and put the power of recycling in their hands.

Developed in partnership with industry experts, Enactus University of Ottawa created a small-scale recycling system that shreds down plastic into small pieces, melts them and shapes them into new products.

Each POLY system can divert up to 1.5 million water bottles annually while using 99% less oil, 83% less CO2, and 97% less water when compared to the production of virgin plastic.

Plastic is collected via plastic drives, community events, or corporate partnerships, then cleaned, sorted and passed through the POLY system. Once through the system, recycled products, ranging from jewelry and tiles to even phone cases, are produced.

POLY operators are individuals and community groups who want to take action. The Enactus University of Ottawa team supports operators by securing government grants or business loans to fund their systems.

Are you or your company interested in tackling food or plastic waste?

Contact partnerships@enactus.ca to learn more.

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Enactus Canada

Square Roots

Enactus Saint Mary’s University According to a report released by Second Harvest, 60% of food produced in Canada is wasted annually. From that 36 million tonnes of food, it is estimated that 32% is edible and could be redirected to support people in communities across the country.

The potential cost savings on that rescued food alone is valued at almost 50 billion dollars a year.

Each one of their 10 locations sources ‘seconds’ produce from farms and sells them in 10-pound bundles for just $10, or $7.50 if a customer cannot afford the regular price, no questions asked.

Created by Enactus Saint Mary’s in 2016 to tackle food waste on farms in Nova Scotia, Square Roots Bundles is their biggest community program. Students work in conjunction with local farmers to tackle both food insecurity and food waste by taking perfectly edible produce that does not meet grocery store standards and giving back to their community.

To further tackle the issue of food waste in their community, the team from Enactus Saint Mary’s created Square Roots Products. This initiative focuses on finding innovative ways to reuse and reduce food waste by collaborating with local businesses and aspiring entrepreneurs to create sustainable and eco-friendly products for their community. Their first product is a matcha lotion bar.

The program employs over 15 community members and has fed over 45,000 people this year.

2022 Annual Report

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The RJ Project

Enactus Wilfrid Laurier University One in three adolescent students reported being bullied. Traditional exclusionary discipline policies like suspensions and expulsions are still considered the norm but focus on the effects instead of the root causes of the behaviour.

Disciplining methods like restorative justice see great results, as they focus on building healthy relationships and repairing damaged ones in a way that helps students develop social and emotional skills. However, these methods ultimately never see widespread use as they’re costly, require a lot of training, and are ultimately still reactive measures.

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Enactus Canada

The RJ Project takes the social and emotional lessons gained from the restorative justice process and puts them in the hands of the students before the problems occur. This ed-tech solution both empowers and gives agency to students by providing them with the opportunity to deal with situations and resolve conflicts before they escalate.

By gamifying the learning process, The RJ Project offers playful exploration as a preparation for real-world situations. By setting the learning on a video game platform, the RJ Project increases student engagement, allows them to learn at their own pace, provides them with meaningful feedback, and allows for flexibility so students can play during free time, or teachers can build it into lesson plans.

Shepreneur

Enactus Toronto Metropolitan University When many think of entrepreneurship, they default to an app that was built, components of the gig economy, or the large tech startups that flood Silicon Valley. It’s not often that they think of the woman who’s struggling to maintain her small business to put food on the table. In 2021, 81% of female entrepreneurs in six Latin American countries started their own business because there were no better options for employment.

The Shepreneur Project from Enactus Toronto Metropolitan University aims to empower and inspire women that lack formal education and come from vulnerable living situations to create innovative businesses and ignite the entrepreneurial spirit within.

These free, 10-week bootcamps empower and equip women with business basics, mentoring and microfinancing programs to introduce a fresh and motivated mindset to young women who have a dream but need help bringing it to life.

The team launched their pilot in Mexico City this past year in partnership with El Pozo de Vida and the Orphaned Starfish foundation and educated an impassioned group of 15 women on business basics and building a strong foundation.

Are you or your company interested in supporting female entrepreneurs or student success?

Contact partnerships@enactus.ca to learn more.

2022 Annual Report

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Owner of Quandri, University of Victoria 2022 Student Entrepreneur National Champion

Enactus Canada operates the Student Entrepreneur National Competition, proudly presented by HSBC Bank Canada. It is the only national initiative of its kind that celebrates the commitment, determination and achievements of full-time students who also operate their own business.

This year’s Student Entrepreneur National Champion was Jamieson Fregeau, owner and president of Quandri.

In the world of business, human error is costly. Whether it’s missing a key detail, the lack of a standardized process, being overworked and understaffed, or any one of the multitudes of other factors that lead to inaccuracies, human error affects a business’ bottom line.

Many jobs and industries in Canada have workers spending a considerable amount of time bogged down in high volume processes.

Quandri was born from a very similar real-world problem. At Jamieson’s brother’s workplace, high-volume, repetitive tasks were eating valuable time, capital, and resources from teams. So, Quandri got to work to solve the issue.

By combining the best in both humans and technology, Jamieson and the team at Quandri created digital workers to take the “robot” out of the person – automating the mundane work people shouldn’t be doing, allowing businesses to repurpose employees’ time on more meaningful work.

A digital worker is a software robot that interacts with business systems to complete tasks and workflows as required. Possessing the ability to log in to applications, copy data between applications, calculate and complete tasks or workflows as required.

These digital workers are cost-effective, more efficient, scalable, error-free, require no training, and are available 24 hours a day, 7 days a week, 365 days a year. These out-ofthe-box digital workers can be deployed seamlessly into an agency or brokerage to save teams’ time, allowing businesses to leverage advanced automation and AI in a matter of weeks. By charging a one-time setup fee to design and develop a tailored digital worker, and a monthly service fee for maintenance and upkeep, Quandri has a consistent recurring revenue model while providing their customers with a high-quality product and customer service.

Would you like to sponsor an Enactus Award in an area of interest?

Email partnerships@enactus.ca to learn more about sponsoring an award.

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Enactus Canada

STUDENT ENTREPRENEUR NATIONAL COMPETITION

Jamieson Fregeau

2022 Annual Report

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Since 2018, Canadian Tire Corporation Ltd. has played a major role in supporting Enactus Canada’s efforts to enable students from coast to coast to make a meaningful contribution to their communities today, while also discovering their potential to achieve an even greater impact as the next-gen entrepreneurial leaders of tomorrow.

Our partnership provides a platform for Canadian Tire to directly invest in student leaders to make a valuable contribution to their communities, to Canada, and to the world. Through five initiatives, Canadian Tire has become an integral partner in helping Enactus Canada deliver meaningful programming to students on campuses across the country.

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Enactus Canada

The Canadian Tire Sustainable Business Project Accelerator empowers Enactus teams to create an initiative that helps businesses in their communities foster a better, more sustainable future.

The Canadian Tire Youth Leadership Council supports Enactus students with their youth empowerment programming, while also providing an exclusive mentorship, learning and leadership experience for students as they provide insight and guidance on Canadian Tire’s sustainable business and community initiatives.

PA RT N E R S H I P I N I T I AT I V E S

PA RT N E R P R O F I L E

PARTNER PROFILE

“

Year after year, we’re amazed by the initiatives Enactus students are running across our country.

Thank you for all you do to build a better Canada.”

Susan O’Brien

C A N A D I A N T I R E @ # E N A C T U S N AT I O N A L S

Chief Brand & Customer Officer Canadian Tire Corporation (CTC)

Enactus Final Round of Competition, proudly presented by Canadian Tire Corporation Ltd. As the presenting partner for the Enactus Final Round of Competition, the flagship event on the Enactus yearly calendar, Canadian Tire Corporation’s support brought together the top five teams from across Canada, to present the results of their projects to a panel of C-suite executives and senior business leaders. These final round judges selected the Enactus Canada National Champion who advanced to Enactus World Cup 2022 to represent Canada on the global stage.

Student Leader of the Year, proudly presented by Canadian Tire Corporation Ltd. Student Leader of the Year Award, proudly presented by Canadian Tire Corporation recognizes the Enactus student leader who has made the most outstanding contribution to their Enactus team. This award encourages student leaders to go above and beyond to make remarkable contributions to their Enactus teams, leading the development of creative and innovative programs that address the unique social, economic, and environmental needs in their communities.

Canadian Tire Leadership Forum & Luncheon

2 0 2 2 PA RT N E R S H I P R E A C H

The Canadian Tire Leadership Forum & Luncheon encourages open dialogue, builds leadership aptitude and establishes connections amongst generations of top entrepreneurial leaders. We also provide an opportunity to discuss timely and relevant topics through a panel presentation of experts and facilitated roundtable discussions.

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81

Teams & Projects

Students

5,844

$15,000

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216

In Total Funding

Businesses Directly Impacted

Volunteer Hours

Individuals Directly Impacted

2022 Annual Report

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Every year, the Student Leader of the Year Award, proudly presented by Canadian Tire Corporation, recognizes one Student Leader (President or Co-President) who has made an outstanding contribution to their Enactus team and rewards them with a $2,500 educational bursary.

As a result of her mentoring of younger students, Danielle was able to identify leadership talent, build her executive team, and create greater capacity for student engagement and support. She is described as empathetic, accessible, understanding, supportive, and kind.

The recipient of the 2022 Student Leader of the Year Award was Danielle Walker, President of Enactus Okanagan College.

Recognizing that recruiting for next year’s team is just as important as building the current team, Danielle took a proactive approach to succession planning, securing a student leader to take her place before her term ended. Enactus Okanagan College’s success next year will be largely influenced by the great work Danielle did this year.

Danielle got her start with Enactus Okanagan College as an incoming project leader of the team’s award-winning CANSave program. As a single mom inspired by the struggles faced by her own son, Danielle identified an opportunity to improve the project by creating modules for students on the autism spectrum. Danielle single-handedly created financial literacy learning opportunities for students experiencing learning barriers, that are now in place in schools across Canada.

Danielle saw a problem, developed a solution, and implemented change in the span of months - all while maintaining a solid academic load and caring for her young children. It was because of her project contributions that she became President of Enactus Okanagan College for the 2021/2022 academic year.

Enactus Okanagan College’s competitive success is not just a consequence of Danielle’s recruitment skills, but how Danielle grows team capacity by modeling her ability to accomplish tasks. Danielle’s direct mentoring approach and exceptional communication skills have enabled new members to connect directly with her and feel welcomed into the organization.

“

It’s about showing students that they have the tools and knowledge to be important instruments of change.

”

A mom, a community leader, an Enactus President, a project leader, an Honours student, the list goes on - Danielle Walker is an exemplary example of what it means to be a Student Leader. Overcoming barriers, inspiring her fellow students, creating positive change, lifting her community, and being an amazing role-model for her children.

Would you like to sponsor an Enactus Award in an area of interest?

Email partnerships@enactus.ca to learn more about sponsoring an award 15

Enactus Canada

Student Spotlight

Danielle Walker President, Enactus Okanagan College 2022 Annual Report

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Enactus Canada

Enactus Canada National Exposition At our annual flagship event, the Enactus Canada National Exposition, student teams across Canada compete in the Enactus National Competition by presenting the results of their community-based projects and business ventures. Successful teams advance through opening, semi-final, and final rounds of competition with the ultimate goal of being named the Enactus National Champion and earning the right to represent Canada on the global stage at the Enactus World Cup. Enactus National Champion Okanagan College Enactus National Runner-Up University of Ottawa Enactus National Finalist Saint Mary’s University Enactus National Finalist Wilfrid Laurier University Enactus National Finalist Toronto Metropolitan University Most Improved Enactus Team University of the Fraser Valley

2022 Annual Report

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Enactus Canada National Challenges Developed through collaboration with corporate and organizational partner companies, National Challenges empower Enactus teams to implement viable solutions to a specific economic, social or environmental need, such as financial literacy, lasting hunger relief or job creation. Through these challenges, students are motivated to collaborate, share best practices, and pursue higher levels of achievement while being empowered to deliver innovative and effective outreach projects that address issues of importance.

CWB FINANCIAL EDUCATION CHALLENGE National Champion: Wilfrid Laurier University National Runner Up: University of British Columbia - Vancouver National Second Runner-Up: Toronto Metropolitan University

SCOTIABANK CLIMATE ACTION CHALLENGE National Champion: Lambton College National Runner Up: Okanagan College National Second Runner-Up: Wilfrid Laurier University TD ENTREPRENEURSHIP CHALLENGE National Champion: Okanagan College National Runner Up: British Columbia Institute of Technology National Second Runner-Up: Lambton College

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Enactus Canada

Enactus Canada Project Accelerators Developed in collaboration with our partners, Project Accelerators provide Enactus teams with the opportunity to apply to receive funding and or mentorship to support the development of projects focused on a specific need or community group.

CANADIAN TIRE SUSTAINABLE BUSINESS PROJECT ACCELERATOR BEST PROJECT: Reworks | University of Alberta CO-OPERATORS YOUTH MENTAL WELLNESS PROJECT ACCELERATOR BEST PROJECT: Project VIVE | Concordia University HAZELVIEW SUSTAINABLE CITIES PROJECT ACCELERATOR BEST PROJECT: POLY | University of Ottawa HSBC ENTREPRENEURSHIP PROJECT ACCELERATOR BEST PROJECT: eHacks | Western University JEANNE SAUVE GLOBAL PROJECT ACCELERATOR BEST PROJECT: Ra Solutions | British Columbia Institute of Technology NORTHBRIDGE REDUCING INEQUALITY PROJECT ACCELERATOR BEST PROJECT: Endure | St. Clair College PC FINANCIAL RESILIENCE PROJECT ACCELERATOR BEST PROJECT: The Big Brain Literacy Program | University of the Fraser Valley RBC FUTURE LAUNCH PROJECT ACCELERATOR BEST PROJECT: Connect Us For Community (CU4C) | Durham College SAMSUNG SOLVE FOR TOMORROW CHALLENGE BEST PROJECT: Enviroot | Mount Allison University SCOTIABANK CLIMATE ACTION PROJECT ACCELERATOR BEST PROJECT: Somi | Toronto Metropolitan University SHAW YOUTH ENTREPRENEURSHIP PROJECT ACCELERATOR BEST PROJECT: Ennovate | University of British Columbia – Vancouver 2022 Annual Report

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Student Entrepreneur National Competition To celebrate the entrepreneurial spirit of young Canadians, Enactus Canada runs the Student Entrepreneur National Competition, proudly presented by HSBC Bank Canada. The Student Entrepreneur National Competition enhances the success of full-time students operating businesses, who are creating jobs and advancing the Canadian economy.

Student Entrepreneur National Champion Jamieson Fregeau Quandri University of Victoria Student Entrepreneur National Runner-Up Dhruv Patel Beam Commerce University of Waterloo National Finalists Danielle Lowe | Doodlebug Pet Food, University of Victoria Domenic Mazzuca | Maple Mountain, George Brown College Ghalia Aamer | TalkMaze, University of Alberta Kashif Khan | PLAKK, McGill University Keith Cleland | Aqua-Cell Energy Inc., University of Waterloo Lianna Genovese | ImaginAble Solutions, McMaster University Lucy Newman | Newkini Swimwear, Mount Allison University Nicole Odo | Saorsa Studio, University of New Brunswick – Fredericton Sarah Lambert | Ora Medical, Polytechnique Montreal Shreyansh Anand | WaiveTheWait Inc., Queens University

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Enactus Canada

Dhruv Patel 2022 Student Entrepreneur National Runner Up 2022 Annual Report

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Enactus Canada

Awards and Recognition To recognize the tireless efforts of Enactus teams, faculty advisors, and supporters, Enactus Canada has established a number of team and individual awards to celebrate and reward our strongest supporters and members. To learn more about Enactus awards, please visit enactus.ca/give-recognition.

> > > > > > >

To sponsor or create an Enactus award or bursary, please contact partnerships@enactus.ca.

2022 Annual Report

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Student Leader of the Year Proudly presented by Canadian Tire Corporation Ltd. Danielle Walker | Okanagan College Project Manager of the Year Ayomide Enoch Adekitan | Mount Allison University Rookie Faculty Advisor of the Year Stephen Phoon | Seneca College Enactus Team Advisor of the Year Bradley Deokie, advisor to McGill University from Canadian Tire Corporation Brand Champion Award HEC Montréal Collaboration Award Fleming College Trent University Community Engagement Award McMaster University Student Engagement Award Saint Mary’s University Campus Administration of the Year University of Ottawa Alumni of the Year Proudly presented by The John Dobson Foundation Jeffrey Ribeiro | George Brown College Champion of Enactus Nicole Almond John Dobson Enactus Fellow of the Year Luella Legge | Nova Scotia Community College – Ivany

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Enactus Canada

Samantha Gardner HSBC Woman Entrepreneurial Leader of the Year

2022 Annual Report

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Founder’s Bursaries Proudly presented by The John Dobson Foundation Aliya Akil Merchant | Seneca College Alicia Barry | Nova Scotia Community College - Marconi Anabella Bergmame Smith | Dalhousie University Isha Bhattacharya | University of Calgary Heather Brown | Durham College Kritika Gurung | Saint Mary’s University Tiana Henderson | SAIT Malcom-Mitch Joseph | HEC Montréal Sanaa Kahloan | Toronto Metropolitan University Yeji Ma | University of Toronto – St. George Susan MacInnis | Saint Mary’s University Sarah Moore | Fleming College Paul Oyedijo | Mount Allison University Muhammad Patel | University of Saskatchewan Guneet Pooni | University of British Columbia – Vancouver Hrithik Sharma | McMaster University Padmapriya Srinivasan | Mount Allison University Tiya Tanaka | University of British Columbia – Vancouver Ryu Watanabe | University of British Columbia – Vancouver Kristy Wong | University of Calgary Whitney Barham Social Justice Bursary Emily Lints | University of Regina HSBC Woman Entrepreneurial Leader of the Year Samantha Gardner | University of Alberta HSBC Women’s Entrepreneurial Leadership Awards Madeline Bristol | Saint Mary’s University Lauren Carroll | Wilfrid Laurier University Charmilla Chand | Sheridan College Trisha Kumar | University of the Fraser Valley Morgan Roulston | Dalhousie University

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Enactus Canada

Nicole Almond Champion of Enactus 2022 Annual Report

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Our Network Enactus Canada supports teams on 67 campuses across the country

British Columbia (7 Campuses)

Ontario (29 Campuses)

British Columbia Institute of Technology (Burnaby) Capilano University (North Vancouver) Okanagan College (Kelowna) Simon Fraser University (Burnaby) University of British Columbia (Vancouver) University of British Columbia - Okanagan (Kelowna) University of the Fraser Valley (Abbotsford)

Carleton University (Ottawa) Centennial College (Scarborough) Durham College (Oshawa) Fleming College (Toronto) George Brown College (Toronto) Georgian College (Barrie) Hanson College (Toronto) Humber College (Etobicoke) Lakehead University (Toronto) Lambton College (Sarnia) Laurentian University (Sudbury) Loyalist College (Toronto) McMaster University (Hamilton) Ontario Tech University (Oshawa) Queen’s University (Kingston) Seneca College (Toronto) Sheridan College (Toronto) St. Clair College (Toronto) St. Lawrence College (Kingston) Trent University (Peterborough) Toronto Metropolitan University (Toronto) University of Guelph (Guelph) University of Ottawa (Ottawa) University of Toronto – Mississauga (Mississauga) University of Toronto – St. George (Toronto) University of Waterloo (Waterloo) University of Windsor (Windsor) Western University (London) Wilfrid Laurier University (Waterloo)

Alberta (7 Campuses) NAIT (Edmonton) Medicine Hat College (Medicine Hat) Red Deer Polytechnic (Red Deer) SAIT (Calgary) University of Alberta (Edmonton) University of Calgary (Calgary) University of Lethbridge (Lethbridge)

Saskatchewan (2 Campuses) University of Regina (Regina) University of Saskatchewan (Saskatoon)

Manitoba (1 Campus) Brandon University (Brandon) 29

Enactus Canada

Québec (5 Campuses) Bishop’s University (Sherbrooke) Concordia University (Montreal) HEC Montreal (Montreal) McGill University (Montreal) Université de Sherbrooke (Sherbrooke)

New Brunswick (3 Campuses) Mount Allison University (Sackville) St. Thomas University (Fredericton) University of New Brunswick – Fredericton (Fredericton)

Prince Edward Island (1 Campus) University of Prince Edward Island (Charlottetown)

Nova Scotia (9 Campuses) Acadia University (Wolfville) Dalhousie University (Halifax) Mount Saint Vincent University (Halifax) Nova Scotia Community College – Ivany (Dartmouth) Nova Scotia Community College – Marconi (Grand Lake Road) Nova Scotia Community College – Pictou (Stellarton) Saint Mary’s University (Halifax) St. Francis Xavier University (Antigonish) Université Sainte-Anne (Pointe-de-l’Église)

Newfoundland and Labrador (3 Campuses) College of the North Atlantic – Grand Falls-Windsor (Grand Falls-Windsor) College of the North Atlantic – St. John’s (St. John’s) Memorial University of Newfoundland (St. John’s)

2022 Annual Report

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Our Supporters $200,000 +

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$100,000 - $199,999

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$50,000 - $99,999

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Enactus Canada

$25,000 - $49,999

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$12,000 - $24,999

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$2,500 - $12,499 WHITNEY FOUNDATION

ADH3 VENTURES

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In-Kind

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Strategic Partners

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Maple Leaf Club Enactus supporters play an essential role in shaping generations of entrepreneurial leaders who are passionate about advancing the economic, social and environmental health of Canada. The generous financial support of our corporate and organizational partners, and indivudal donors combined with the dedication of our student leaders, faculty advisors and proud alumni, has allowed us to build a better Canada.

$10,000 - $50,000 Ian Aitken John Donald

$2,500 - $9,999 Adam Aronson Guy Burry Mia Pearson Gerry Frascione Franca Gucciardi

Hamish Knox Jamie and Erin MacKay Rob Paterson Susan O’Brien

$1,000 - $2,499 Preston Aitken Willy Kruh Caroline Barham Ian Hanning Nicole Almond Amy Kenyon Cameron Laker

Mark Laurie Jim Marsh Yvonne Thevenot Praveen Varshney Drew Vincent W. Brett Wilson Teang Berg

$100 - $999 Julie Marin Nick Hounsell Mitchell Harrison

Nick May Peter Corio

Help shape Canada’s next-gen leaders and become a Maple Leaf Club member today!

Contact partnerships@enactus.ca.

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Enactus Canada

Board of Directors IAN AITKEN, M.S.C., CFA Enactus Canada Founder & Chairman President & CEO Pembroke Private Wealth Management Ltd. Enactus Canada Alumnus FRANCA GUCCIARDI CEO, McCall MacBain Foundation & McCall MacBain Scholarships at McGill GERRY FRASCIONE President & CEO The Severn Group ROB HENDERSON Founder & CEO YOURIKA Enactus Canada Alumnus SUSAN O’BRIEN Chief Brand & Customer Officer Canadian Tire Corporation IAN HANNING CFO & Senior VP, Finance President’s Choice Financial DAVE LACEY President & CEO WatServ

ROB PATERSON Enactus Canada Vice Chairman President & CEO Alterna Savings & Alterna Bank AVIK DEY Managing Director, Co-Head Carlyle International Energy Partners Enactus Canada Alumnus MIA PEARSON Co-Founder North Strategic, Notch Video, High Road Communications WILLY KRUH CEO PlantEXT Ltd. JIM MARSH, LL.B., MBA, MA Senior Director Zekelman School of Business Zekelman School of Information Technology School of Media, Art and Design JAMIE MACKAY Partner, Align Inc. Enactus Canada Alumnus

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Arthanna Ganendran Manager, Programs 35

Enactus Canada

Qurrath Farheen Manager, Programs

Enactus Canada Staff Nicole Almond

Allyson Hewitt

Outbound President (to July 2022)

Inbound President & CEO (starting July 2022)

Amy Kenyon

Jennifer Falzon

Vice President, Partnerships

Vice President, Programs & Marketing

(On leave starting November 2021)

Brittany Johnston Director, Partnerships

Tyler Maddigan Manager, Marketing & Communications

Cody de Leijer Director, Programs

Elle Marincic Manager, Events & Alumni Relations (On leave starting July 2021)

Eric MacPhee

Anushka Sharma

Coordinator, Partnerships

Coordinator, Events & Marketing

Charlson Reyes

Emma Reeves

Manager, Programs

Manager, Programs

Arthanaa Ganendran

Qurrath Farheen

Manager, Programs

Manager, Programs

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Summary Statement of Financial Position June 30, 2022 A SSE TS ($ )

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Current Assets Cash Short-term deposits Accounts receivable Prepaid expenses

1,182,828 1,029,674 115,673 98,469

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$ 2 ,4 2 6 ,6 4 4

Long-term deposits Prepaid expenses Capital assets Long-term deposit

11,540 44,900 8,127 100,000

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$ 2 ,5 9 1 ,2 1 1 ------------------------------------------------------------------------------------------------

LI A B I LIT I E S ($)

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Accounts payable and accrued liabilities Deferred revenue

104,634 889,778

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$ 9 9 4 ,4 1 2 NE T AS S E TS ($ )

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Restricted Unrestricted

100,000 1,496,799

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$ 1 ,5 9 6 ,7 9 9 ------------------------------------------------------------------------------------------------

$ 2 ,5 9 1 ,2 1 1 ------------------------------------------------------------------------------------------------

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Enactus Canada

Enactus Okanagan College Enactus World Cup 2022

2022 Annual Report

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Enactus uOttawa Enactus World Cup 2022 39

Enactus Canada

Summary Statement of Operations For the year ended June 30, 2022 R EVENUE ( $)

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Corporate Foundations Individuals Administration fees and other Government

1,761,422 255,250 98,500 88,741 11,683

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$ 2 ,2 1 5 , 5 9 6 EXP ENSES ( $)

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Program Operations and administration Development

1,447,261 455,474 225,207

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$ 2 ,1 2 7 , 9 4 2 ------------------------------------------------------------------------------------------------

Operating surplus

$87,654

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View our full financial statements.

2022 Annual Report

40

Financial Snapshot Enactus Canada is committed to the highest standards of accountability and transparency.

SOURCE S OF RE VE N UE ($ )

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Corporate - 1,761,422 (79.5%) Foundations - 255,250 (11.5%) Individuals - 98,500 (4.5%) Administration and Other - 88,741 (4.0%) Government- 11,683 (0.5%)

E XPE N SE S ($ )

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Program - 1,447,261 (68.0%) Operations and admin - 455,474 (21.4%) Development - 225,207 (10.6%)

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Enactus Canada

Enactus Toronto Metropolitan University Enactus World Cup 2022 2022 Annual Report

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