Our Giving

2023 Charitable Giving

In the spirit of the holiday season, we interrupt our regularly scheduled bond nerd notes to highlight a cause that is near and dear to us.

Every year, approximately 2300 youth across Canada ‘age out’ of the child welfare and foster system.  Too often this is a transition from care into poverty and homelessness.

Relative to their peers, youth leaving care are 200 times more likely to experience homelessness and are at significantly higher risk of becoming victims of human trafficking.  They also experience much lower rates of high school graduation and enrollment in post-secondary education.

To help bridge these gaps Algonquin has partnered with Children’s Aid Foundation of Canada (CAFDN) to offer 10 post-secondary scholarships and housing supports for 20 youth.

These are just two of the programs offered by CAFDN in their mission to improve the lives of children, youth, and families involved in the child welfare system.  By working with over 100 agencies, Children’s Aid Foundation of Canada delivers high-impact, evidence-based programs to help these young people go from surviving to thriving.

To learn more about Children’s Aid Foundation of Canada and how you can stand up for Canada’s kids, please visit their website: https://cafdn.org/

2022 Charitable Giving

For our 2022 charitable giving, we are continuing our partnership with Children’s Aid Foundation of Canada to offer another 20 scholarships and bursaries to young adults transitioning out of the child welfare system.

Last year, we had the privilege of meeting the scholarship recipients and hearing their stories.  This experience left us feeling both inspired and compelled to recommit to these amazing and resilient young people.

Every year, approximately 2300 youth ‘age out’ of foster care and are suddenly confronted with navigating life on their own.  By reducing the financial barriers to higher education, we hope these scholarships and bursaries help 20 individuals pursue their dreams and fulfill their potential.

To learn more about the great work Children’s Aid Foundation of Canada is doing to improve the lives of children, youth, and families involved with the child welfare system, please visit: https://cafdn.org/

2021 Charitable Giving

For our 2021 charitable giving, Algonquin partnered with the Children’s Aid Foundation of Canada to offer 10 post-secondary scholarships and 10 bursaries to young adults transitioning out of foster care.

Every year in Canada, approximately 2300 young people ‘age out’ of the child welfare system and are suddenly confronted with navigating life on their own.

Given the costs and lack of family support, the financial burdens posed by higher education can prevent these youth from earning a degree or diploma.

We hope that through these scholarships and bursaries that we can help 20 young adults break the cycles of abuse, neglect, and poverty for themselves and future generations.

For more information on the great work Children’s Aid Foundation of Canada is doing, you can visit their website:

2020 Charitable Giving

The messaging of the initial pandemic response was simple and clear: stay at home.

Sadly for many Canadians, the home is not a safe place.  A situation exacerbated by the increased stresses on individuals and households.

The result has been an increased need for shelter and support services for victims and survivors of abuse and violence.  At the same time, the current economic realities mean the organizations providing these services are facing funding uncertainties.

To help bridge the gap, Algonquin Capital has made charitable donations to Nellie’s Shelter, the Redwood Shelter, and the Assaulted Women’s Helpline & Senior Support Line.

To learn more about the great work these organizations are doing and how you can support them, please refer to the information and links below.

The Assaulted Women’s Helpline & Senior Support Line.

The Assaulted Women’s Helpline offers a free 24-hour telephone line to all women who have experienced abuse, providing counselling, emotional support, information and referrals.

The Seniors Safety Line is the only 24-hour crisis and support line for seniors in Ontario who have experienced any type of abuse or neglect, with a live counsellor available to help navigate difficult systems, 7 days a week, 365 days a year.

Nellie’s.

Nellie’s operates a 36-bed Emergency Shelter and offers support services for women and their children who are leaving situations of violence, poverty, and homelessness.

The Redwood.

The Redwood offers shelter, safety, healing, and opportunities for growth for women and their children fleeing abuse, homelessness, and poverty.