You raise an excellent point, I'm so glad that you mentioned that. I can think of a personal example where there was young soldier who had come back. I was his teacher. He came through the program, I recruited him. He went overseas, he was a gunner in one of the RG-31s. When he came back, he did get a lump sum, I believe it was in the realm of about $75,000. He decided to launch a business and several times I stressed, again and again, not to jump in head-first unless he had the skills and the knowledge to make that investment properly.
His business has failed, so even though he got the lump sum and the federal government did provide it to him and there was an opportunity there, the money was essentially squandered because he didn't have the skill set.
For me, who has spent a good part of my life training adults or retraining adults, to see that mistake made it's like a train wreck. You see it coming, you're trying to tell them not to do this, but they still do it. That business could have succeeded. He could have created more small jobs if he had the skills and the training upfront.
A lot of soldiers—and I don't think this is a surprise to many—have ADD; they tend to be very impulsive. They just do things, they're go-getters. But that sometimes doesn't work well when it comes to business because sometimes that go-getter attitude can end up causing failure. So when we look at bringing soldiers back from the joint program support units, having that 6 to 12 months all depends on the needs of the individual. Maybe it needs to be 18 months. For other individuals, if they're really in better physical and mental health, maybe it only needs to be three months. It needs to be flexible so it's not like a prison sentence for these individuals. But I really think we need to create synergy in our local economy with our training and educational facilities. Whether it's colleges, universities, or the local school boards through the community ed programs, we can deliver programs very effectively so that the resources that are being expended by the new Veterans Charter to help these veterans transition is money well spent.
But the training and the transition and the mentorship and the support has to be in place before we cut them a big cheque. I truly believe that. There's one other thing I think we should mention too. For those soldiers who are very young and aren't able to handle that kind of money, one idea I thought about was looking at having the CPP, since it's an infrastructure already in place.... These young soldiers don't know...for most of them, and I'm a former NCO myself.... So for a lot of them when it comes to financial planning, for the most part, this is way over their heads. So at least if it's in place.... The idea is that, yes they can access it, we're not trying to babysit them, but at the same time, have the supports in place so that those sums of money that were set aside by the new Veterans Charter aren't being squandered in the first 90 days.