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Social Impact Bond
September 15, 2016
Social Impact Bond

Today Deputy Premier and Education Minister Don Morgan, in partnership with The Mosaic Company Foundation and Mother Teresa Middle School (MTMS), announced details of the province’s second Social Impact Bond, designed to improve school performance and graduation rates for children from economically disadvantaged homes.

The Mosaic Company Foundation will provide $1 million over the next five years to MTMS in Regina, which in turn will use the funding to provide support for approximately 88 students in the Grades 6-8 middle school and once they enter high school.