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Sunday, July 13, 2014

Money Before Need

The Red Door, a vital 106 bed shelter for Toronto's homeless may be forced to close owing to a legal battle between Toronto diet doctor, Sidney Bernstein and his wealthy neighbours, co-owners of the facility. A court order put Red Door into receivership when an investigation found that $2.4 million in mortgage funds was diverted from the business partners without the knowledge of all partners. The dispute means the Red Door facility will remain closed and not service people in need while the money problem is sorted. In capitalism, money comes before need every time. John Ayers.

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