TSXV:ISD.H - Post by User
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Widwillyon Jul 23, 2020 7:14pm
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Interesting Covid - Nursing homes - Chartwell article
Interesting Covid - Nursing homes - Chartwell articleHere are a couple of points of interest from article. Link provided for full article.
A report published by the International Long-Term Care Policy Network found that among 14 countries, Canada registered the highest number of care home resident deaths. In Australia, a comparable liberal state, the deaths in long-term care homes represented only 25 per cent of the country’s COVID-19 mortality rates. In Ontario in the 1990s, the government of Mike Harris expanded the number of nursing home beds in the private sector. The staggering amounts of money spent on senior care have been channelled towards private shareholders.
Now Harris is the chairman of Chartwell Corp., one of the province’s largest for-profit senior care providers and a company that has spent $845 million over the last 10 years on executive compensation and shareholder dividends.
While further research on the relationship between COVID-19 numbers and welfare state systems is needed, it’s clear that Canada must do much more to tackle pandemics now and in the future
https://www.msn.com/en-ca/news/world/how-canada-compares-to-other-countries-on-covid-19-cases-and-deaths/ar-BB173d1m?ocid=msedgdhp