The CISSS de la Côte-Nord line of credit reaches $126 million

The CISSS de la Côte-Nord credit line reaches $126 million


The Côte-Nord Integrated Health and Social Services Center (CISSS) operates on credit more than ever. The institution's line of credit has increased sixfold since 2016-2017, from $21 million to $126 million.

Offered by a banking institution, the CISSS line of credit from the Côte-Nord ensures that services are maintained when there is a shortage of cash.

“When the account is at zero, we must continue to pay our resources,” explained the director of financial resources, Jean-Philippe Comtois.

A line of credit weighed down by the workforce independent work

Contracts with private companies providing independent labor are the main cause of the increase in deficits. This workforce costs two to three times more than employees of the health network, according to the director of financial resources of the CISSS de la Côte-Nord, who sees it as “a leak” of public money to the private sector. .

“Obviously, private companies are there to make a profit. In the two to three times the tariff, there is an area of ​​profits that comes from our budgets that goes into the profits of private companies.”

The CISSS concerned to see the line of credit dig deeper

The loans contracted by the CISSS de la Côte-Nord are endorsed by the Government of Quebec, which reassures lenders, according to Jean-Philippe Comtois.

“Currently, lenders are comfortable when you have an institution like the government to support us. So, there are few concerns in this regard. But we are concerned about seeing the deficit and the line of credit increase. We will work with the ministry to find solutions to enable us to reimburse this margin, ”he said.

In an email, a spokesperson for the Ministry of Health and Social Services recalled that health establishments “have the responsibility to carry out sound management of their budget”. This involves producing a plan to return to balanced budgets that does not compromise the quality and accessibility of health care and social services, added Marie-Claude Lacasse.

“The MSSS supports the CISSS in carrying out its efforts to achieve a balanced budget and the CISSS can count on the support of the MSSS,” continued Ms. Lacasse.