• Business

    The business of Canada’s for-profit long-term care sector called into question

    Aaliyah* faced a lot of pressure and professional oversight working in an Extendicare long-term care home in the Toronto area over the past two years, but what she saw during the COVID-19 pandemic couldn’t compare. Amidst growing COVID-19 cases in April, she describes a lack of communication from management, inadequate training for frontline workers, some isolated patients missing meals, and slings being used across bedroom doors to prevent patients from wandering – there were even talks of sedating patients to control their movements. One moment stood out to her as being particularly disturbing. “We were at our peak and didn’t want any more positive [COVID-19] results coming up, because once that…

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  • Business

    From Veggie Tacos to Health Care: A Tycoon’s Sprawling Bets

    (Bloomberg) — When the pandemic hit, Gaurav Burman knew he had to move fast. Burman, 48, runs his family office, which oversees about $1.5 billion in assets. The firm is the controlling shareholder of Dabur India Ltd., one of the nation’s largest consumer-goods companies, which Burman’s great-great-grandfather founded in 1884. The family is worth an estimated $9.8 billion, according to the Bloomberg Billionaires Index. “We introduced a number of Covid-related products,” he said in a phone interview from his home in the small Greek island of Antiparos, where he escaped to from London with his wife and two kids during the pandemic. “And we did that very quickly.” Burman Family…

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  • Business

    From Veggie Tacos to Health Care: A Billionaire’s Sprawling Bets

    (Bloomberg) — When the pandemic hit, Gaurav Burman knew he had to move fast. Burman, 48, runs his family office, which oversees about $1.5 billion in assets. The firm is the controlling shareholder of Dabur India Ltd., one of the nation’s largest consumer-goods companies, which Burman’s great-great-grandfather founded in 1884. The family is worth an estimated $9.8 billion, according to the Bloomberg Billionaires Index. “We introduced a number of Covid-related products,” he said in a phone interview from his home in the small Greek island of Antiparos, where he escaped to from London with his wife and two kids during the pandemic. “And we did that very quickly.” Burman Family…

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