Thank you, Mr. Chair.
I'd like to start by thanking our witnesses for their presentations today.
One of the witnesses we heard from was the director general of the Social Policy Directorate, Ms. Harty. She discussed social finance, saying that it was a beneficial tool but that it had certain limitations. One of those limitations is that it can't address every social problem and that it requires oversight. I'd like to ask you about those two things.
As far as what social finance can and can't do, social issues obviously can't respond to market logic. What are the limits around the scope of its use? Which areas of social interest necessarily fall outside its scope, and why?
Mr. Bird, I'll let you answer that.