“With baby boomers aging, the cost of long-term care is set to triple in the next 30 years. What’s our plan for dealing with this?,” by Bonnie-Jeanne Macdonald and Michael Wolfson, The Globe and Mail
“Long-term care in Canada is facing major sustainability challenges – and it’s an issue that we cannot afford to ignore. Research released Tuesday by the National Institute on Ageing at Ryerson University shows that if Canada continues on its current track, the cost of publicly funded long-term care for seniors – including nursing homes and home care – is expected to more than triple in 30 years, rising from $22-billion to $71-billion, in today’s dollars.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
More international perspective. This time, Canada.