Sunday, January 17, 2021

LTC CO. SHAREHOLDERS ARE PRIORITY #1

 Lilley:  So what’s more important, paying shareholders or paying frontline workers in long term care homes their wage top-up? For both Extendicare and Chartwell, two of the biggest companies in the long term care sector, the answer is paying shareholders.

Dr. Merilee Fullerton, Ontario’s minister for long term care, wrote letters to the CEOs Extendicare and Chartwell asking why they hadn’t passed on the money the government provided for the wage top up. The money was sent to the companies on December 10 but as of Fullerton’s January 14 letter, hadn’t been sent out.

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