The sadly outmoded divisions of left and right continue to ripple through the world of trades unions as they perpetuate a broad knee jerk against PFS/SIB processes.
Social Impact Bonds Help Turn Social Services Funding Into A Lottery
National Union of Public and General Employees (NUPGE)
In addition to providing a new way to privatize social services, Social Impact Bonds are being used to divert people’s attention away from lack of funding.
The pilot programs for Social Impact Bonds introduced by both the Ontario Liberals and federal Conservatives are good examples. Instead of getting the support they need to serve their communities, community agencies are expected to submit proposals for a long, multi-stage evaluation process where only a small number of projects will receive funding.
“The Social Impact Bond pilot program is little better than a lottery,” says aid James Clancy, National President of the National Union of Public and General Employees (NUPGE). “What the most vulnerable people in our communities need is stable funding for the organizations that support them, not a cynical process intended to creates false hope.”