Canada Studying Private Firms for Prisons as Budgets Fall
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Canada is studying the use of private companies to deliver some prison services as it cuts spending and imposes tougher sentences on criminals, which may benefit companies like GEO Group Inc.
Correctional Service Canada, which oversees federal prisons, “may consider” partnerships with private firms to provide “basic institutional services such as cleaning and food preparation,” says a memo prepared for Public Safety Minister Vic Toews in advance of a May 14 meeting with Crispin Blunt, U.K. Minister of State for Prisons in London.