The recent sale of Retirement Concepts’ chain of seniors’ care facilities across Canada to foreign multinational Anbang Insurance has raised red flags for many.

The lack of public process and the speed at which both the federal and provincial governments made their decision is disappointing, considering the serious implications for the level of care provided to seniors in this country.

If, in the future, Canada or the provinces decided to put stronger regulations in place (e.g., stricter training requirements, staffing levels or standards of care in retirement homes), “trade” deals that have been negotiated could allow foreign companies like Anbang to sue Canada for loss of anticipated profits.

We need publicly funded and delivered home and community care, not facilities whose primary purpose is to make a profit.

Use this link to find letter writing points and contact information to advocate for better seniors’ care.