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Human Resources committee I'll go first. The social outcome is definitely the number one priority, but as Mr. Huddart said, you can now layer on the risk, so you can bring other dollars to the table, if there is a potential return on investment from the private sector or individuals. Again, you can now l
February 24th, 2015Committee meeting
Bruce Dewar
Human Resources committee I'll go first. I think when governments first come to the table to look at social finance, they think it will be a reduction of investment of government dollars. It can lead to a reduction in government dollars on certain projects, because you have new partners coming in co-inve
February 24th, 2015Committee meeting
Bruce Dewar
Human Resources committee Building off the last two speakers, I think the government can help most around some of the policy issues, especially what Mr. Huddart just talked about in terms of limited partnerships, the not-for-profits, and what they can and can't do around the assets they own. They're sitti
February 24th, 2015Committee meeting
Bruce Dewar
Human Resources committee Is that still for me, or do you want Mr. Chiu to respond?
February 24th, 2015Committee meeting
Bruce Dewar
Human Resources committee A quick response, okay—it has to be designed by all the investors or partners who are involved in the project.
February 24th, 2015Committee meeting
Bruce Dewar
Human Resources committee Definitely, to go forward on social finance, and even to deal with these complex issues, you need to do it in collaboration. You need to have multiple stakeholders at the table. The target population, for sure, has to be involved. You need to build the grassroots and put the righ
February 24th, 2015Committee meeting
Bruce Dewar
Human Resources committee It's a pleasure to be here to speak to the committee. Social finance has an enormous potential to encourage social innovation in our country, by creating new opportunities for investors and social purpose organizations, or SPOs, to partner in innovative projects and take their g
February 24th, 2015Committee meeting
Bruce Dewar