Thanks to overwhelming support from our Korean community, we had a very successful fundraising campaign to acquire Rose of Sharon. We raised over $5,179,394, far exceeding our target amount.  As many of you are probably curious, I would like to give you a brief overview of where we are and what we are doing now that this successful fundraising campaign has ended.

Currently, we are going through the long-term care license transfer process with the Ministry of Health of Ontario.  Once the license transfer process is completed, we will be able to close the deal with Deloitte, the legal management company that currently has management rights. In the meantime, the board of directors of Arirang Age Friendly Community Centre (AAFCC) are in the process of developing skills and capacity required to operate the Rose of Sharon (RoS) Nursing Home through various education, training, and talent search. 

Once the deal with Deloitte closes, we will continue to maintain the current LTC operational management company, Assured Care, to familiarize ourselves with their operations until we are able to operate the facility independently. There will be many challenges and hurdles to overcome, and it is expected to take a considerable amount of time and effort to reach this level.

However, we are not only doing our best to develop our capacity to operate RoS LTC well, but we’re also preparing for the next decade, when the aging population is expected to surge and the second and third Korean nursing homes will be required, along with more senior services and facilities such as retirement homes, meals-on-wheels, and adult day programs, and home care services. 

Please continue watching over us. Your continued interest and support are required so that we can build and expand these facilities and services for Korean seniors in Canada for many years to come.