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Competition Bureau Reaches Agreement with Chartwell to Preserve Competition in Retirement Home Industry

Chartwell will sell its Clair Hills retirement home in Waterloo to maintain competition and prevent price increases in the licensed retirement home market, the Competition Bureau said.

Summary by Benzinga
Competition in the retirement home industry is crucial to keeping prices in check GATINEAU, QC, March 12, 2026 /CNW/ - The Competition Bureau has reached a consent agreement with Chartwell Master Care LP (Chartwell) to address competition concerns related to its proposed acquisition of six retirement homes from Sifton Properties Limited (Sifton). A Bureau review concluded that the proposed transaction would likely result in a substantial lesseni…

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Benzinga broke the news in New York, United States on Thursday, March 12, 2026.
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