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‘Nobody can afford it’: long-term care costs to soar in coming decades, says report by ex-federal Finance Canada official Don Drummond
By Peter Mazereeuw December 3, 2020
The newly promised federal cash for long-term care won’t solve the problem, says the finance adviser-turned-Queen’s University professor.
Finance Minister Chrystia Freeland's fall economic statement promised more than $1-billion to shore up some of the numerous deficiencies in Canada's long-term care system. The cost of caring for elderly Canadians is going to rise dramatically in the coming decades if broader changes aren't made by governments and healthcare providers, says a new report from Queen's University The Hill Times photograph by Andrew Meade
The cost of funding Canada’s long-term care homes is on track to more than double by 2041 as Canada’s elderly population grows and much-needed improvements are made in the wake of the COVID-19 pandemic, says a report by a collection of Queen’s University professors including former senior federal government finance adviser Don Drummond.
Peter MazereeuwPeter Mazereeuw is a deputy editor for The Hill Times covering politics, legislation, and the Senate.
Follow - peter@hilltimes.com
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