Human Resources committee  I'll just comment briefly. I spent many years working in the associations for community living in Ontario. It's a great story, I think, of how governments, including the government of Bill Davis in the 1970s, worked with parents, allied professionals, and people in the not-for-pr

Human Resources committee  I'm not sure who I'm speaking to. I can't see anybody's name tag, so I can't address you by name. There's a distinction I would draw there. The distinction I would make is that social housing organizations have worked with the private sector for decades, in terms of building uni

Human Resources committee  I'm not sure of specific research in that regard, but just thinking about it rationally, I think if public resources can be mustered to invest public dollars towards public good without, once again, having to pay investors, so to speak, that would seem a more logical approach.

Human Resources committee  Yes, I do believe that risk.... It's simple in one sense. We're funding services here where there's an extra layer that has to be realized back to the investor as profit. As I understand it, at least in some models, when social investment bonds are set up and money is put up to i

Human Resources committee  One thing I worry about in terms of the social impact bond approach is something in social science that we call the Hawthorne effect, where the group that's being researched or investigated behaves in certain ways because of the fact that they're the focus of all this attention.

Human Resources committee  Just around the issue of involving community-based organizations and NGOs, many of the most innovative and nimble ones are very small. One worry I have is that if there's some kind of competition, so to speak, among people who might want to get involved in a social impact bond

Human Resources committee  Okay. It's not exactly worded in our presentation here, but we do worry about what sometimes is referred to as perverse incentives. This has come to light recently, for instance, in the United States, where there's a large presence of for-profit providers in the prison system. So

Human Resources committee  Thanks, Sally, and thanks to the committee once again for hosting our presentation. I think it's good to start by mentioning that the spectrum of social finance being reviewed by this committee is very broad. In thinking about this broad spectrum, CASW is fully in support of soc