Mr. Speaker, while the opposition might engage in these types of scare tactics and fearmongering, let us talk about the facts. The day-to-day operation of seniors home remains under the control of Retirement Concepts. It is the same management that was there before. The residences continue to be subject to the same provincial health regulations to which they have always been subject.
The residents and health care workers will continue to be protected under the same legislation and regulations as before. As I have said before, we continue to actively monitor Cedar Tree and its compliance with its legal obligations.
Due to the confidentiality provisions of the Investment Canada Act, I and my colleagues cannot comment further on this investment. I can assure the member that officials are carefully monitoring the situation and are in close contact with Cedar Tree, provincial regulators and other relevant stakeholders.