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Regina public school board raises concerns about social impact bonds

Regina public school board raises concerns about social impact bonds

The Saskatchewan government is trying something called a "social impact bond" on a private school in Regina, but the Regina public school board isn't happy about it.

The Mosaic mining company recently announced it's putting $1 million into a program to boost performance at Mother Teresa Middle School.

If 82 per cent of the Grade 6-8 students go on to graduate from high school on time, the province will pay the money back with interest.

However, the city's public school board isn't happy with the way the program focuses on one school. It says there should be an even playing field when it comes to funding for public education.

"Everyone in the province is concerned with student achievement levels ," board chair Katherine Gagne said.

"We want to see our students achieving at a high level, and to fund them extra to bring about that student achievement ... I think there's some questions surrounding that."

The board wants to bring its concerns to the attention of the Ministry of Education, through a resolution to the Saskatchewan School Boards Association.