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Social Impact Bonds: What are they and how might they affect us?

According to Mark Hlady, we are on the verge of a revolution in social service delivery. Our publically funded system does not have the resources to lead this revolution alone. Social impact bonds (SIBs) allow private sector champions to make profitable investments to enhance our community and save tax payers' money.
Social Impact Bonds work in a three step process:
1. Non-governmental investor's provide operating capital to run a new, preventive social program
2. The social program is executed and results are carefully measured
3. Government pays back investors if, and only if, results are achieved
Social impact bonds have the potential to trasform our healthcare and social sector by focusing on preventive care, rather than reactionary care, thereby building healthier communities and a sustainable economy.

Mark Hlady, the President of Finance for Good, will join us for lunch on Tuesday, May 21st to talk about the latest developments in the social impact bond market in Canada, and throughout the world. Finance for Good is the first - and only - built for purpose social impact bond intermediary in Canada. Finance for Good builds the tools, processes, and partnerships, required to use social impact bonds in Canada.

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  • Cindy Y.

    It sounds a good deal for investors, they invest to support the social causes, and in the meantime, they have some financial return. Though I know nothing about bonds, I was excited about what I learned here. According to my understanding, SIB has something to do with sustainability and money, which I believe to be foundations for social justice. Therefore, I would be happy to keep learning more about SIB.

    May 21, 2013

  • Audrey S.

    I was too closely scheduled today and someone coming late has made it impossible for me to attend. Sorry but will follow this development with interest.

    May 21, 2013

  • stella

    I'm sad not to be able to attend today - have a great session

    May 21, 2013

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