Mr. Brian Emmett at the Human Resources, Skills and Social Development and the Status of Persons with Disabilities Committee

On February 26th, 2015. See this statement in context.

February 26th, 2015 / 5:25 p.m.

Chief Economist, Canada's Charitable and Nonprofit Sector, Imagine Canada

That's a very good question.

In terms of social impact bonds, most of what you see are relatively small demonstration projects. They are sponsored by government, and government has guaranteed rates of return to the private investors.

For the one I'm familiar with, on Rikers Island in New York on recidivism, I believe the private investor is JPMorgan Bank. They've been guaranteed a rate of return of 20%.

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