“There are not enough staff for existing beds & why should more money go to profit? We need care, urgently.” Health Coalition Responds to Ford Government’s Announcement of Enriched Capital Funding for LTC Homes
For years, the for-profit long-term care lobby has wanted more money for capital and profit-taking funding envelopes.
- For years, the for-profit long-term care lobby has wanted more money for capital and profit-taking funding envelopes.
- Fords announcement yesterday was a reannouncement of $1.75 billion in funding for capital new beds and bed redevelopments (renovations).
- Six for-profit chain corporations alone account for more than half of the deaths in Ontarios long-term care homes under COVID-19.
- In 1998/99 the Harris government provided funding for the first time to for-profit long-term care corporations to build new long-term care beds.