Jessica Byers
213474192
Professor Klassen
PPAS 3190
June 6, 2017
Part A:
Part B:
As the deputy minister, I would accept the proposal from the Skills First
organization for a loan to guarantee the purchase of their current building. If the
ministry co-signs a loan, it allows the ministry to be the guarantor for the $7 million
mortgage that Skills First will operate under. This approach will cost more public money
in the long run, but may create less public scrutiny because it will deceive the public into
thinking that less tax dollars are being allocated to this cause. As the guarantor for the
mortgage, the ministry will have more control of their investment should Skills First
cease to function. The ministry will have the power to find a new tenant to occupy the
building or be able to sell it. This building and its surrounding property will be a good
investment for the ministry because of its prime Downtown Toronto location.
By agreeing to co-sign the loan I am completing the task as the minister
requested. This decision will allow for 32 full-time positions, and 15 part-time permanent
job opportunities to remain within the community, with the potential to provide more.
This decision also allows for the services offered by Skills First to remain permanently
within the community so that individuals using the services, the employees as well as the
volunteers, will not be uprooted. This decision that I am making as deputy minister may
carry some negative consequences, such as scrutiny from the public and the media.
However, I am confident that providing the well-established organization, Skills First,
with the loan is the best decision.