Our pensions can't cost us our loved ones

Public pensions can’t ever profit from death again

Nor can we ignore the failures of for-profit long-term care any longer.

The pandemic has exposed the systemic failures of for-profit long-term care: staffing shortages, unsanitary conditions, and poor quality of care that leads to higher rates of acute illness. Failures that will continue long after the pandemic ends–unless we do something about it.

Revera is one of the worst offenders when it comes to failing their residents–quickly becoming notorious for poor conditions and low quality of care. Throughout the pandemic, horrific stories of seniors’ neglect and abuse have emerged from behind their closed doors.   

Revera is wholly owned by the Public Sector Pension Investment Board (PSP Investments), a Crown corporation that manages the pensions of many PSAC members and other public service workers. We can’t afford to allow pensions to continue to profit off the needless suffering of seniors.

Together, we can make a real difference in the lives of seniors in long-term care, but only if we demand change.

Add your name to the open letter and tell the Treasury Board President, the Minister of Finance and your MP to transfer ownership of Revera into public hands.