Entries by Deron Hamel

Budget 2019: OMNI happy with gov’t investment in LTC redevelopment, but more details are needed

PETERBOROUGH, Ont. – OMNI Health Care president and CEO Patrick McCarthy says the organization is pleased with the announcement in the 2019-20 budget that the Ontario government will be committing $1.75 billion in annual funding over the next five years to support 30,000 new and upgraded beds. However, funding levels will need to match rising construction, utility, maintenance and property costs as well as increasing municipal tax burdens that arise as a result of redevelopment, he adds.