There have been concerns expressed by some of our donors and some members of the community at large about the delay in commencement of construction of our new hospital.
This is totally understandable, particularly for those who contributed to the $13 million plus raised by the Foundation in cash and pledges. The cash segment is being held in trust for the donors in a designated category, apart from “General Funds” It is being very conservatively invested, along with a portion of the “General Funds” by an Investment Committee made up of four individuals with extensive experience in investing. Their decisions are made based, in large part, on recommendations received from their professional investment advisors, BMO Nesbitt Burns.
There follows a series of press articles which have appeared over the past two years which we believe will give the reader a great deal of comfort as to the ultimate “go ahead” announcement from the Ontario Government.
We, of Centre Grey Health Services Foundation, along with those involved at Grey Bruce Health Services, are confident that approval will be forthcoming. We just do not know when.