Delivering excellence in healthcare and
driving positive health outcomes for Canadians
BRAMPTON, ON, Dec. 17,
2024 /CNW/ - (TSX: L) – Loblaw Companies Limited
("Loblaw" or the "Company") announced today the establishment
of a new committee of its Board of Directors entitled the Patient
Care and Quality Committee. The decision to evolve its corporate
governance framework was motivated by the Company's commitment to
delivering excellence in healthcare, advancing patient safety and
experience, and driving positive health outcomes for Canadians.
"Loblaw is committed to delivering excellent patient care and
ensuring rigorous oversight of its healthcare-related services",
said Galen G. Weston, Chair, Loblaw
Board of Directors. "Through the Patient Care and Quality
Committee, we will work with healthcare experts, regulators and
professional bodies to ensure Loblaw continues to uphold the
highest standards of patient care and safety."
The Patient Care and Quality Committee will be comprised of
members of the Loblaw Board of Directors and be advised by
independent external healthcare experts. The structure of the
committee is based on the leading governance model adopted by top
hospitals and healthcare institutions across the country, and will
focus on quality improvement, health outcomes, critical incidents,
and risk management for the Company's healthcare-focused
operations, including Shoppers Drug Mart, Loblaw Pharmacies, and
Lifemark.
In the evolving Canadian healthcare system, pharmacists are
being called upon to provide more primary care for patients and
play an increasing role in alleviating pressure on existing
healthcare resources and practitioners. Across Canada, the expanded scope of practice for
pharmacists provides the opportunity to ease the burden on
emergency services and improve health outcomes and access for
patients, especially those living with chronic conditions.
"Shoppers Drug Mart is proud of the contribution being made at
its nearly 1,400 Associate-owned locations across the country to
improve the lives and health of Canadians," said Jeff Leger, President, Shoppers Drug Mart. "The
Patient Care and Quality Committee will help ensure we continue to
deliver the care our patients rely on today while also preparing
our team of dedicated professionals for the changing healthcare
landscape of the future."
"As the pharmacy profession in Canada takes on an expanded role in primary
care, I look forward to seeing a positive impact of this enhanced
corporate governance on the public," Beverley Zwicker, CEO and Registrar,
Nova Scotia College of
Pharmacists.
About Loblaw Companies Limited
Loblaw is Canada's food and
pharmacy leader, and the nation's largest retailer. Loblaw provides
Canadians with grocery, pharmacy, health and beauty, apparel,
general merchandise, financial services and wireless mobile
products and services. With more than 2,500 corporate franchised
and Associate-owned locations, Loblaw, its franchisees and
Associate-owners employ more than 220,000 full- and part-time
employees, making it one of Canada's largest private sector employers.
Loblaw's purpose — Live Life Well® — puts first the
needs and well-being of Canadians who make one billion transactions
annually in the Company's stores. Loblaw is positioned to meet and
exceed those needs in many ways: convenient locations; more than
1,100 grocery stores that span the value spectrum from discount to
specialty; full-service pharmacies at nearly 1,400 Shoppers Drug
Mart® and Pharmaprix® locations and close to
500 Loblaw locations; PC Financial® services;
Joe Fresh® fashion and
family apparel; and four of Canada's top-consumer brands in Life
Brand®, Farmer's MarketTM, no name® and
President's Choice®.
SOURCE Loblaw Companies Limited
