Thank you, Mr. Chair.
If I could address the question, I have actually reviewed a report that was delivered to you called “Social Impact Bonds: Overview and Considerations”. I believe it was mentioned earlier in your meetings. Of course, it was a very sombre kind of look at the social bonds. Many times in there you read words like, “there is an element of risk”, “they are unproven”, “the results aren't fully known.”
I don't think these things are something that should be disregarded in any way or not pursued, but to think that they would be in some way the key to sustainability of the overall crime prevention effort, to me, is not real.
The other thing that concerns me is looking at things like the chart on figure 1 for the social impact bonds. It's a report that you have. Point number 6 says, “Evaluation advisor monitors ongoing progress of the preventative program...”. Well, who are the monitors? Who are the overseers, and what type of commitment to transparency and disclosure do they have? I think that would be very important if things like this were to go forward.