link to report added below, but Ontario long term bed supply drastically lagging demand over next few years.  The Financial Accountability Office also said that the 30,000 new beds the province has promised to add over 10 years won’t be enough to meet the demands of a growing and aging population.

The spending required and need for private capital to augment public funds has never been more urgent.  The risk of disrupting the existing model thru some kind of government takeover is preposterous at a time when the province wants to incentivize more building of new beds and added funding is needed to meet the nursing hours per patient standard, which was increased earlier this year by the Ford government.  

This is a secular growth industry with high barriers to entry (good for incumbents) and likely further consolidation.   Good price action for SIA-TSX .  GLTA.


https://globalnews.ca/news/7883197/ontaro-long-term-care-report-expenditure-estimates-covid/