A review of 181 facilities contracted to provide long-term care showed profit in 2022 increased 113 per cent over five years, while expenditures such as supply costs and staffing compensation rose ...

iStock / Grandriver Clients often don’t budget for long-term care in their retirement plans, which can be a considerable expense. While the public system is subsidized by provincial and territorial ...

Demand for long-term care, meanwhile, has remained robust. At Chartwell, long-term care occupancy hovers around 90 per cent, while the occupancy in its seniors housing arm sits around 76 per cent.