Lack of transparency characterizes LTC group
Re Reforming LTC starts with Revera, Oct. 11 Kudos to John Anderson for his description and insights into for-profit Revera, “the second largest long-termcare and retirement home group in Canada,” although he didn’t describe Revera’s formation or just how it came to be owned by our federal government through the Public Sector Pension Investment Board (PSPIB).
It’s noteworthy that former premier of Ontario Bill Davis was, for several years, chair of its board of directors, and, in 2018, stepped down to become “chair emeritus” and to continue as a director. His replacement as chair was Michael Mueller, the former chair of the PSPIB, appointed (as are all directors) by the Governor General-in-Council, in other words, the Trudeau cabinet.
These waters run deep and as Anderson describes, they are hard to fathom because there is no transparency. Bernard Katz, Toronto