Private Money, Public Programs: There will always be strings

Submitted by Anne Makhoul on August 3, 2016 - 1:06am

 

If you’ve wondered about where social impact bonds came from and why they might or might not be a good response to shrinking government funding for community services, take a few minutes to read a piece Sherri Torjman wrote for the Globe (released May 8), now on the Caledon website.

Private Money, Public Programs: There Will Always be Strings" is a must-read for those seeking to better understand this new private-public financing arrangement whose proponents seek to add it to the fabric of our public social safety net.