Social impact bonds wrong model to address homelessness, unemployment and poverty | CUPE
CUPE has submitted a brief to HRSDC on the negative implications of using social enterprise funded through social impact bonds to address social ills.
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“CUPE is raising serious concerns about the future of social programs in Canada as the Harper Conservative government pushes for more private sector involvement. The union is calling for an open public discussion on the use of for-profit business models to finance and deliver public social services.”
For more information on what social impact bonds are and why they are the wrong direction for Canada (and every where else) see here.