New legislation relatively benignincluded the link to the new legislation, which does not appear punitive for for-profit operators. Details new funding for LTC including:
- $270 million in 2021-22
- $673 million in 2022-23
- $1.25 billion in 2023-24
- $1.82 billion in 2024-25
the increased staffing and care hours per day per resident will be rolled out for 2021/22 by end of March 2022.
here is press release from ONT government.
https://news.ontario.ca/en/release/1000933/ontario-taking-action-to-immediately-increase-staffing-in-ltc-leading-to-more-direct-care-for-residents
however, the drumbeat of those opposed to for-profit homes continues, but it is unreaslistic to believe the federal government can mandate a move to non-profit as is all under provincial jurisdiction. furthermore, the necessity of the public markets to fund the very real and large outlay of capital required to build the capacity for a rapidly aging population has never been greater. THe provinces are already in bad fiscal shape and legally, it is a dog's breakfast. IMO, these calls will die down as COVID fades. but attached is link to one of these op-eds around the abolition of for-profit, from another group who believes growing government is a good thing (i do not).
https://policyoptions.irpp.org/magazines/septembe-2021/how-can-we-start-to-make-canadas-long-term-care-homes-about-care-not-profit/
GLTA.