yep. i will rather put on TD than this sector. this sector is awful, not investment grade, too much regulatory risk in 2018 and 2019.
the funding in these years is spread too thin over a larger number of beds. operators have staffing cost increases 2.5%+ every year. they will go backwards or flat in 18 & 19.
Govt review ACFI but maintaining stance on savings amount - approx 2billion plus.
BTW EBITDA for JHC will be up 10% in 2017, but EPS will be up by only 5% due to depreciation.
