WHO WE ARE
The Public Bank Coalition Canada (PBC) was formed to spread awareness of the transformative power of Community Investment Cooperatives to Revitalize and Re-invigorate rural communities, towns, and villages throughout all Rural Canada. PBC Canada sponsors local reserve investment co-op banks and supports efforts to create a network of Community Reserve Public Banks at every level of government. PBC Canada is a non-profit organization, (Pending).
MISSION, VISION, & GOALS
Public banking or sustainable social democratic capitalism is local community reserve investment banking in the public interest. Public banks in Canada are tools for creating shared community prosperity.
Our mission is to inspire, enable, and support Public Investment Bank initiatives in Rural Canada, returning control of money, reserve capital and credit to rural people and communities.
Our vision is that a network of publicly-owned co-op investment banks will be established that will empower rural people to create affordable credit and allow communities to declare independence by determining the trajectory of investment into local innovation, small business, employment opportunities, sustainable foods and community infrastructure.
Our goal is to establish a safe, affordable, community-driven alternative to the costly and dangerous centralized remote banking and financial system controlled by Bay Street and big government policies. By enhancing and not replicating or competing directly against the present rural credit infrastructure system, the new cooperative investment banks shall restore to rural citizens and communities the power to create money, to reserve capital, to direct local development and to decide locally where its own financial resources are to be invested.
Public Reserve Investment Banks can:
• Support local business and create jobs
• Build and maintain infrastructure
• Support and expand public budgets
• Re-invigorate local populations
• Reserve capital by implementing sustainable small green farms
• Stabilize communities in times of economic crisis and social emergencies