The idea was to push money to national groups with a track record of success, and then raise awareness about the money itself with smaller groups the transformation effort is supposed to help.
The money is part of a larger pot of spending that the Liberals want to give out in the coming years to social-services groups to help them partner with the private sector. The concept has cross-party support and groups working in the nascent sector are looking forward to seeing the final details of how the bulk of the money will be distributed, said Stephen Huddart, president and CEO of the McConnell Foundation.
The idea is that payments from government would flow if a project -- finding housing for people for whom current programs haven't worked, for instance, or helping people kick drug addictions -- has been shown successful through detailed data. But such a project would have to be funded in the beginning by private backers who take on the risk of failure.
"While we support the idea that the government's capital should be returned, I don't think anyone would say that it's more important to generate a financial return than it is to generate social impact, or environmental impact or to increase community capacity to solve and address complex problems," Huddart said.Officials have been told that the federal fund should shoulder some risk to help local funds, which would directly finance projects.
They may have bought off the media but Trudeau still had votes to buy.
Click bait, misguided title, this is a quote from the article 'The idea is to give non-profits new sources of revenues, offer investors a way to make money while supporting social services, and possibly save federal cash in the long-run.'
justinthejacobin and his reign of terror on the Canadian people!
So the Fck what ?!?
Just what groups exactly are going to benefit from this slush fund?
Face of a disgraced former teacher
SajjanMustGo
Trudeau...
Feds spend money to improve social services to create better outcomes and conservatives are mad 😡 because poor people might be helped, according to the comments so far.
How about “Idiot Liberals “ or “Woke lefties “ or Trudeau’s minions” instead of Feds !? Just saying ...
As usual instead of saying Trudeau Liberals, you use Feds, or in some cases Ottawa. Far cry from every headline reading Harper's Conservatives that you always used when they were in power.
This whole elxn43 was a joke-Liberals used their majority gov't to their own advantage, shutting down any investigations, blocking RCMP, quickly settling MarkNorman case, funding $'s to media, biased media & more. TrudeauWorstPM
Feds?
*waste
And the people in Grassy Narrows still have tainted water supply.
They gave the disabled poor 50 dollar more in NS. Instead of living on 770/month they get 830. Politicians spend that for lunch. That's where our tax dollars go. The elected officials live a very lucrative lifestyle. Pensions for life. The government has zero dollars but ours!
liberal_party buying votes while JustinTrudeau neglects the homeless, low income families and puts Cda at risk of an home grown recession.
It must have been really hard for you to find an inflammatory headline for this based on the rest of the article. Good work! 🤣
Buying votes 101,are you surprised?
....and by 'Feds' I think you meant the Liberal Party that was in power at the time
JustinTrudeau & the liberal_party using tax payers $$ to buy votes. Par for the course. corruption
Adds up when ya spend millions caring for the flood of migrants. Liberals breaking the system by flooding it, then Canadians suffer even more.
The Trudeau 'Liberals' buying votes is nothing new
Wasted 50 million is a better headline
justinthejacobin pulling an 'obama' to fund his 'stay behind' network...
Yeah, the 'Feds' 🙄
Why do I feel that this is government vote buying.
And media has a problem with govt funding the most vulnerable because ?
Isn’t that heading misleading?
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