Ontario changes long-term care building fund in bid to spur construction

CKTB NEWS - long term care homes

Ontario is changing the way it funds long-term care home construction in a bid to spur more development across the province.

The provincial government says the creation of thousands of needed beds has been slow, so it will change the way it funds the projects.

Officials say the new formula will pay builders more, and include grants to cover up to 17 per cent of up-front capital costs.

Premier Doug Ford promised in July 2018 to spend $1.75 billion to build 15,000 new long-term care beds and renovate 15,000 existing beds over five years.

A spokeswoman for Ontario's long-term care minister says that money will now fund 8,000 new beds and 12,000 renovated beds.

The province is also promising today that all new long-term care facilities, and those being renovated, will have air conditioning.