March 18, 2021 – Ottawa Citizen
The costly, complicated reasons Ontario's long-term care system can't be easily privatized
By: Joanne Laucius
Dr. Samir Sinha, Director of Health Policy Research at the NIA in Toronto, said it’s a plan that doesn’t add up.
Each new long-term care bed costs between $212,000 and $268,000 to develop, said Dr. Sinha. The NDP plan calls for 20,000 beds above and beyond the 30,000 the Ford government has already promised. Sinha estimates that will cost between $4.25 billion and $5.35 billion. That doesn’t leave a lot of money left over to convert private LTC to non-profit, he said.