‘An attractive investment:’ As private equity scoops up Ontario nursing homes, there are concerns about whether profit-driven facilities can best care for fragile seniors

“The issue that we have to grapple with is, what are we designing long-term care to achieve?” said Laura Tamblyn Watts, CEO of national seniors’ organization CanAge. “You can’t blame private equity for doing what private equity does, which is squeeze every single dollar out of what they invest. But that is not what we want for residents in long-term care. And that is the critical problem.”

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University of Toronto

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