‘Nobody can afford it’: long-term care costs to soar in coming decades, says report by ex-federal Finance Canada official Don Drummond

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 UniversityThe Hill Times photograph by Andrew Meade

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BY PETER MAZEREEUW

December 3, 2020

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 professo...

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