Housing First and Financial Literacy and Entrepreneurship

TINA BEAUDRY-MELLOR ANNOUNCES SMART SOCIAL INVESTMENT AS PART OF HER LEADERSHIP CAMPAIGN PLATFORM

Tina Beaudry-Mellor, leadership candidate for the Saskatchewan Party will focus on smart social investment as the first of three pillars in her campaign platform. Three quarters of all government expenditures are dedicated to health, social services, and education. Smart social investment means being strategic about spending tax payers’ dollars on initiatives that generate strong, tangible returns on investment for Saskatchewan people. Two examples of smart social investment will include Housing First and financial literacy and entrepreneurship in the kindergarten to grade twelve curriculums.

“Tax payer dollars are hard earned,” said Beaudry-Mellor. “Government has a responsibility to ensure that the way it spends your money produces results when investing in services that improve people’s quality of life and enhance communities.”

Housing First takes homeless people off the streets and provides them with stable housing and support that breaks the cycle of poverty and alleviates the burden on policing and medical services.  In Regina, the results from Regina’s Housing First program showed a $1.92 million savings from housing 26 people from 2016 to 2017, from an $18,080 annual investment per person. Medicine Hat, AB reached a functional zero for homelessness with Housing First in 2015.  If chosen as premier, Beaudry-Mellor will dedicate existing and appropriate Saskatchewan Housing Corporation stock in Regina and Saskatoon to implement Housing First.

Financial literacy and entrepreneurship in the kindergarten to grade 12 curriculums is a proactive model that teaches students the importance of budgeting, recognizing manageable consumer debt, and saving for the future. Equipping young people with these life and business skills and fostering the spirit of entrepreneurialism is central to growing Saskatchewan’s labour force and its economy in innovative ways. There is evidence of this when considering many Junior Achievement and JDC West alumni have achieved success as provincial, national, and global leaders in business and entrepreneurship.  Saskatchewan has the opportunity to leverage those successes by expanding access to these programs to all young people.

“We have the fortune of having businesses and thought leaders in Saskatchewan who are interested in and are facilitating greater access to financial literacy and entrepreneurship education for all students, not only those who have access to business or achievement clubs,” said Beaudry Mellor. “We will work creatively with all partners to equip our young people with the tools to compete and thrive in the private sector.”

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