Thank you, Mr. Chair.
Welcome to our witnesses. I'd like to begin by thanking the witnesses for meeting with the committee today to share their perspectives on social finance.
Since the committee began this study, it has become clear that much of the groundwork for social finance has yet to be laid and that a considerable number of question marks remain, according to what we have heard from witnesses so far. Some told us they were enthusiastic about the social finance model, while others talked about their concerns.
Ms. Kenny, my first question will be for you.
In your opening remarks, you talked about your concerns around the use of social finance, advising the government to exercise a modicum of restraint and caution when implementing the approach. You also talked about the fact that social finance appeared in the recent budget and seems to be an approach the government will advocate going forward. The budget refers to the implementation of a social finance accelerator initiative. You have obviously pinpointed a very pertinent element in the budget, as far as our study is concerned.
What would you recommend when it comes to the social finance accelerator initiative?