Launched in 2020, the CaRES Fund has provided more than $2.3 million to help support 679 Canadian caregivers and their families
OMNI Health Care announced today it has joined a partnership launched last year by four other long-term care providers to offer one-time financial relief to those working in senior living residences across Canada who require assistance as a result of the COVID-19 pandemic.
The Senior Living CaRES Fund was created by long-term care and retirement home providers Chartwell, Revera, Extendicare and Sienna (CaRES) in May 2020 to help people working for any provider of long-term care or retirement homes in Canada whose families have been financially impacted by the pandemic.
Southbridge Care Homes, a Cambridge, Ont.-based provider of long-term care and retirement homes, also joined the partnership today.
Patrick McCarthy, OMNI Health Care’s president and CEO, says OMNI understands the financial impact the pandemic has had on many Canadian families, including the families of people working in the long-term care sector.
OMNI wanted to join the partnership to help support those families and the employees who have dedicated themselves to caring for long-term care and retirement home residents during a challenging and uncertain time, he says.
“The CaRES Fund has supported hundreds of dedicated senior living employees from across the country,” McCarthy says.
“We look forward to joining the founding partners in supporting hundreds more in 2021.”
Applicants are eligible to receive up to $10,000 through the fund. To date, more than $2.3 million has been awarded to 679 people working in Canadian long-term care and retirement homes.
The CaRES Fund offers grants, not loans, so monies awarded do not need to be repaid.
The CaRES Fund will continue offering financial assistance to senior living residence employees facing financial challenges throughout 2021 by reviewing applications every quarter.
Applications for the first-quarter review open today (March 22) and close April 9.
Click here for more information on the CaRES Fund.
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