long-term care – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadians not saving enough for long-term care in retirement: survey https://www.benefitscanada.com/pensions/retirement/canadians-not-saving-enough-for-long-term-care-in-retirement-survey/ Mon, 17 May 2021 13:00:16 +0000 https://www.benefitscanada.com/?p=100525 Canadians’ current retirement savings aren’t likely to withstand the costs of long-term health care later in life, according to a new survey by Edward D. Jones & Co. It found 23 per cent of respondents said they believe their retirement savings will last them less than 10 years, including 21 per cent of those age […]

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]]> NDP tabling motion for all LTC homes, including the PSP’s Revera, to become non-profits https://www.benefitscanada.com/news/bencan/ndp-tabling-motion-for-all-ltc-homes-including-the-psps-revera-to-become-non-profits/ Wed, 24 Mar 2021 05:00:16 +0000 https://www.benefitscanada.com/?p=97015 The New Democratic Party tabled a motion on March 22 that would immediately turn Revera Inc. — a company that runs more than 500 seniors’ homes in Canada, the U.S. and the U.K. — from a for-profit chain wholly owned by the Public Sector Pension Investment Board into a publicly managed entity. The motion calls on the […]

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]]> Public sector union pressuring PSP to ‘pull out’ of all long-term care investments https://www.benefitscanada.com/canadian-investment-review/cir-news/public-sector-union-pressuring-psp-to-pull-out-of-all-long-term-care-investments/ https://www.benefitscanada.com/canadian-investment-review/cir-news/public-sector-union-pressuring-psp-to-pull-out-of-all-long-term-care-investments/#respond Mon, 14 Dec 2020 06:12:31 +0000 https://cumulus.benefitscanada.com/uncategorized/public-sector-union-pressuring-psp-to-pull-out-of-all-long-term-care-investments/ The Public Service Alliance of Canada is reiterating a call for its pension investment manager to divest its ownership in Revera Inc. over the company’s safety record during the coronavirus pandemic, saying the fund should “pull out of the business of long-term care” altogether. The public sector union, which represents 140,000 public sector pension plan […]

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