Assessing Social Impact Bonds in Canada
Date
2018-01
Authors
Khovrenkov, Iryna
Kobayashi, Cindy
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Abstract
In 2015, as part of his mandate letters, Prime Minister Justin Trudeau identified the development of a Social Finance and Social Innovation Strategy as a priority. With Canada facing persistent challenges in vulnerable social areas, the federal government committed to exploring innovative financial approaches to address complex social problems. In June of 2017, it struck a steering group of 16 experts from community, philanthropic, financial and research sectors, to assist in the development of this strategy. The steering group's first consultation document, which was released in September, 2017, outlines the strategy's proposed vision and six areas for action to advance social innovation and finance.
Description
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