Are Social Impact Bonds a good way to invest in public services?

The Current

Imagine a contract where private investors are paid by the government if there's a decrease in homelessness or convicts re-offending. It's a an idea that's taking shape in the UK and some US states. And now the Canadian government is considering piloting social impact bonds. Critics say it's a way of governments shirking their responsibilities. Today we make the case for and against social impact bonds, here at home.

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