TORONTO, May 22, 2024
/PRNewswire/ -- Visionary Holdings Inc. (the "Company")
(NASDAQ: GV), a private education provider with technology of
artificial intelligence and life science on the cutting edge, with
subsidiaries in Canada and market
partners in China, today announced
the Company's subordinate Farvision Career Education Group Inc
signed a cooperation agreement with Canadian International Career
College to explore the market in Asia on May
9,2024.
As Canada's aging population
continues to rise, the government has implemented various measures
to address the issue by attracting foreign workers to the PSWs
sector. According to the Canadian Association of Senior Housing and
Care Providers, the healthcare sector contributes over CA$100
billion to the Canadian economy each year.
The shortage of labor has resulted in a critical need for
foreign workers in the personal support worker (PSW) field to fill
the workforce gap and provide essential care and support to seniors
and individuals with disabilities.
In addition to the economic benefits, the influx of foreign
labor as PSWs also has a positive impact on the Canadian healthcare
system. PSWs often serve as the primary caregivers for seniors and
individuals with disabilities, playing a crucial role in assisting
them with daily activities and maintaining their independence.
The courses offered by the Canadian International Career College
(CICC) include Personal Support Worker Certificate, Medication
Administration for PSW Certificate Course, Early Childcare
Assistant (ECA) Diploma Course, Intensive Care Unit (ICU) Program
for Nurse Certificate Course, Medical Surgical Certificate Course,
CPR/AED Certificate Course, Standard First Aid with CPR Course, and
Business Programs.
After completing all courses and passing exams, Farvision Career
Education Group and CICC will assist students in obtaining work
visas and provide job referrals. For local Chinese students, they
can complete remote courses in China and receive certificates recognized by
both China and the province of
Ontario, Canada, upon passing
exams.
This project will bring a new revenue growth point to the
Company.
About Visionary Holdings Inc.
Visionary Holdings Inc. headquartered in Toronto, Canada, a private education provider
with technology of artificial intelligence and life science on the
cutting edge, with subsidiaries in Canada and market partners in China. The Company aims to provide access to
secondary, college, undergraduate and graduate and vocational
education to students in Canada
through technological innovation so that more people can learn,
grow and succeed to their full potential. As a fully integrated
provider of educational programs and services in Canada, the Company has been serving and will
continue to serve both Canadian and international students. For
more information, visit the Company's website at
https://ir.visiongroupca.com/.
Forward-Looking Statements
All statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on the Company's current expectations and projections
about future events that the Company believes may affect its
financial condition, results of operations, business strategy and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as "believes," "expects,"
"anticipates," "estimates," "intends," "would," "continue,"
"should," "may," or similar expressions. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company's registration statement and in its other filings with the
SEC.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
rachelxiao@farvision.ca
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SOURCE Visionary Holdings Inc.