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Sienna Senior Living Inc T.SIA

Alternate Symbol(s):  LWSCF

Sienna Senior Living Inc. is a Canada-based seniors' living provider. The Company serves the continuum of independent living (IL), independent supportive living (ISL), assisted living (AL), memory care and long-term care (LTC) through the ownership and operation of seniors' living residences in the Provinces of British Columbia, Saskatchewan and Ontario. It offers a full range of seniors’ living options, including independent living and assisted living under its Aspira retirement brand, long-term care, and specialized programs and services. It owns and operates a total of 81 seniors' living residences: 39 retirement residences, including its joint venture interest in 12 residences in Ontario and Saskatchewan; 34 LTC residences; and eight seniors' living residences providing both private-pay IL and AL and funded LTC, including its joint ownership in two residences in British Columbia. It also offers management services to 11 seniors' living residences in British Columbia and Ontario.


TSX:SIA - Post by User

Comment by GOBOGOHon Oct 22, 2020 3:01pm
67 Views
Post# 31765679

RE:RE:Ford provides an escape hatch

RE:RE:Ford provides an escape hatchThe problem is that the companies can be sued from various jurdisdictions.  So the potential legislation will not stop lawsuits.  Once the lawsuits are filed the companies will need to reserve for potential settlements and that could be a lot.   I looked at the covid data, and, overall Sienna death rates were not exceptional but they did have a couple of facilities with very high incidences.  If they are sued it not due to the average  it is due to specifics incidences -- so my assessment is that they will be vulernable -- I sold. GLTA
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