If we're talking about the impact measurement around an investment, it's pretty clear that we have to have some defined metrics by which that's going to be assessed. At the same time, it's important to highlight that when we're talking about social finance, we're also talking about social innovation, about doing things differently, and we have to be careful not to put in place measures that work against the iterative nature of community-driven social innovation. Sometimes you're halfway down the road and you realize there is a better opportunity, there's a better way to do things, and you're learning as you go. We have to be able to build in that kind of capacity. The emerging field of performance analysis is one that we want to pay more attention to in Canada as we build our own type of ecosystem for this sort of work.
On February 24th, 2015. See this statement in context.