Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

JOHN FELDSTED -- More scandals in the making

One of Canada's largest long-term care operators is owned by a federal Crown corporation. 'We are extremely saddened by the difficult circumstances,' Treasury Board President Duclos says
John Paul Tasker ~~ CBC News ~~ May 25, 2020

One of the largest operators of seniors' residences and long-term care homes in Canada is a wholly owned subsidiary of the Public Sector Pension Investment Board (PSP), a federal Crown corporation charged with investing funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force.

Treasury Board President Jean-Yves Duclos
The company, Revera, owns or operates dozens of properties across Canada; it also has major holdings in the United States and the U.K., with a portfolio of seniors' apartments, assisted living and long-term care homes.

... a $50 million class action lawsuit was launched against Revera earlier this month on behalf of the families of COVID-19 victims at the company's long-term care facilities in Ontario. The company is being sued for negligence and breach of contract.

The plaintiffs allege the facilities lacked "proper sanitation protocols and adequate testing to prevent the spread of COVID-19."

... another $25-million class-action lawsuit has been filed against Revera over its operation of the McKenzie Towne Continuing Care Centre in Calgary, where COVID-19 killed 21 residents and infected 63 others as well as 44 employees. The suit, which has not been certified, alleges the company was negligent and did not follow proper protocols to prevent the outbreak.

... the company's board of directors is appointed by Prime Minister Justin Trudeau and his cabinet through orders in council.|

CLICK HERE to read the full story

****************

 
This revelation left me speechless with anger.

I suspect many others -- who have their pension funds managed by the Public Sector Pension Investment Board -- are unaware that the Rivera Crown Corporation exists. Prudent investments in well-managed operations to maximize return on our jointly held funds is one thing; creating a crown corporation to own and operate private businesses is not what we expect from the fund managers.

Why would our government decide to directly compete in the personal care facility marketplace?

It would appear that Rivera is no better then other slum landlords in the personal care facility business. The potential liabilities are staggering. For a view of personal care facility deaths, CLICK HERE (the site is updated daily). Click on the Canada Summary at the bottom of the page to see the numbers. At this writing, 82% of all COVID-19 deaths have been in personal care facilities.

It is not material that Treasury Board President Jean-Yves Duclos is “saddened”.

Pension fund contributors need to know if their funds are at risk. Who is going to pay for lawyers defending claims against Rivera? Setting and maintaining standards for personal care facilities are a provincial responsibility irrespective of ownership. There are conflicts of interest to consider.

The abridged excuse for a parliament occasionally in session does not help. We have no way to secure answers for our many questions. This is the tip of an exceptionally large iceberg.

The fur and flack tossed about is going to be substantial.

Story of note: Doug Ford says, 'Greedy' Investors Should Get Out Of Nursing Home Business (Huffington Post)

 

John Feldsted ... is a political commentator, consultant, and strategist. He makes his home in Winnipeg, Manitoba

Comments

Post a Comment

Popular posts from this blog

“4.5 million hectares of forest lands have burned since 2023, and the best they can do is point to a 90-hectare block being salvaged?” ~~ Ward Stamer, Kamloops-North Thompson MLA

Today, BC NDP forest Minister Ravi Parmar made this pronouncement; ‘Removing red tape has sped up permitting, allowing for more wood to be salvaged, quicker’. 4.5 million hectares of forest lands have burned since 2023, and the best they can do is point to a 90-hectare block?    ~~ BC Conservative Forests Critic Ward Stamer While acknowledging the NDP government has recognized improvements were needed in permitting and accessing burnt fibre in a timely fashion, the reality is, they are barely making a dent in the problem.  This government's recognition that only seven percent of pulp mill fibre came from burnt timber in 2024-25, quite simply put, is a failure. And the recent announcement, just three weeks ago, that the Crofton Pulp Mill would be permanently closing, is proof of that.     Instead of Premier David Eby’s government addressing core issues being faced by British Columbia’s forest industry, they are doing little more than manipulating the facts, ...
1 comment
Read more

A message from BC Conservative MLA Ward Stamer, and the Kamloops – North Thompson Riding Association

2025 was a busy first year. As a Caucus, we worked very hard to defeat Bills 14 and 15, legislation which allows the provincial government to move ahead without environmental assessments on renewable projects, and that also allows cabinet to build infrastructure projects without getting approval from local municipal governments. This is not acceptable to your BC Conservative caucus, and we will continue to press this government for open and transparent projects in the future.  Two things we had success in were having the first Private Members bill passed in over 40 years. The first was Jody Toors Prenatal and Post Natal Care bill, and then there was my private members Bill M217 Mandatory Dashcams in commercial vehicles (passed second reading unanimously and is heading to Committee in February). Regrettably, much of the legislation passed by the government was little more than housekeeping bills, or opportunities to strengthen the ability of Cabinet Ministers to bypass the BC legi...
Post a Comment
Read more

Wildfire waste plan torched -- Forestry critic Stamer calls BC's wildfire salvage rate 'a failure'

Claims that BC is making progress salvaging wildfire-damaged timber are masking deeper problems in the forest sector, the province’s forestry critic says. Last week, BC’s Ministry of Forests said mills in the province processed more than one million cubic metres of wildfire chips in 2024-25, up from 500,000 cubic metres in 2023 and representing about seven per cent of all processed wood. Kamloops-North Thompson BC Conservative MLA Ward Stamer said those claims of progress ignore the reality that only a fraction of burned timber is being used ... CLICK HERE for the full story
Post a Comment
Read more

Labels

Show more