Last quarter it was 87 percent (versus 98 percent last year).

However, this is driven by the pandemic rather than demand (there are 38k folks on the wait list ) and they have been reimbursed by the govt for vacancies caused by the pandemic.  


please see the commentary from the q3 report below, which explains this.   Lastly; the funding from the govt has been extended beyond December 31,2020.  


"For LTC residences in both Ontario and British Columbia, the Company is receiving full funding for vacancies caused by temporary closure of admissions due to an outbreak, including COVID-19. Furthermore, the Government of Ontario has announced that occupancy protection funding will be in place for long-term care residences until December 31, 2020. To ensure the safety of residents, LTC residents in Ontario currently cannot be placed in rooms with three or four beds, resulting in approximately 250 of the 700 beds in such rooms across Sienna's LTC portfolio being vacant. While accommodations are limited to a maximum of two beds per room, the Government of Ontario will continue to fund the beds at full capacity until the end of 2020. However, the current funding protection does not compensate for the loss of preferred accommodation premiums from private and semi-private room vacancies. The impact of the loss of preferred accommodation revenues was $0.6 million for the three months ended September 30, 2020. Given the long waiting list of over 38,500 for LTC beds across Ontario we anticipate that occupancy in preferred accommodation will return to pre-pandemic levels once the pandemic subsides and as residences open for admittance of new residents."