Building the case for a National Outcomes Fund

Sarah Doyle; Dale McFee

doi:10.35502/jcswb.35

Sarah Doyle MaRS Centre for Impact Investing
Dale McFee Ministry of Justice, Government of Saskatchewan; Regina, Saskatchewan

Keywords: Social impact, social innovation, policy innovation, impact investing, social finance, outcomes-based funding, pay-for-success, Social Impact Bond

Abstract

This paper argues for the creation of a National Outcomes Fund as a critical element of a “social impact economy” that appropriately values and diverts resources to social good. This initiative would make funds available contingent on the achievement of targeted outcomes in priority policy areas. It would invite service providers, alongside ministries or other agencies from any order of government, to propose innovative solutions, with the dual objective of improving outcomes for individuals and communities and improving value for public money—which in some cases will correspond with a net decrease in government expenditures over time. It addresses policy recommendations primarily to the federal government, as well as to provincial, territorial, and municipal governments.

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Author Biographies

Sarah Doyle, MaRS Centre for Impact Investing

Sarah is the Director of Policy + Research at the Brookfield Institute for Innovation + Entrepreneurship. In this role, she leads the development of the Institute’s research agenda and oversees the work of the Institute’s policy team.

Previously, Sarah was a Senior Manager at the Centre for Impact Investing at the MaRS Discovery District, where she was responsible for working with community, government and private sector stakeholders to develop and advance policy that unlocks the potential of the Canadian impact investing market.

Sarah also worked within Canada’s Privy Council Office as a policy analyst, where she developed advice for the Prime Minister on a range of social policy issues. She also has experience in refugee and asylum policy through a past position at Citizenship and Immigration Canada.

Sarah holds a Master of Science in International Relations from the London School of Economics and Political Science, where she was a Commonwealth Scholar, and is a graduate of the McMaster University Arts and Science program.

Dale McFee, Ministry of Justice, Government of Saskatchewan; Regina, Saskatchewan

In September 2012, after 26 years as a police officer in Prince Albert, Saskatchewan, including nine years as the Chief of Police for the Prince Albert Police Service Dale McFee was appointed as Deputy Minister of Corrections and Policing in the Ministry of Justice for the Saskatchewan government.

Dale has considerable small to mid-size business experience and lectured extensively on leadership and change management nationally and internationally. Dale is a former member of Entrepreneurs International and served in the capacity of moderator for groups of business leaders within Saskatchewan.

Dale has received several commendations in his related fields including being appointed and promoted to officer within the Order of Merit within police services by the Governor General of Canada. He has received a provincial policing leadership award for Leadership in Multi-Agency Community Mobilization. He is a recognized Governor General Leadership alumnus and a former citizen of the year within his home community.