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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 Shirtlessnomoreon Feb 14, 2021 9:09pm
71 Views
Post# 32566404

RE:RE:RE:excert from sia

RE:RE:RE:excert from siaNone of these have done much since this article, I dont believe it will ever happen but I sold a bunch on the pop and just hold a small position now, government too much of a wildcard, prefer cash for the next dumb government NR and I'm sure there will be many. OTTAWA -- The NDP is calling for the elimination of for-profit long-term care by 2030 in a multibillion-dollar plan presented as a potential election promise. New Democrat Leader Jagmeet Singh says an NDP government would convene provincial and territorial leaders, experts and workers to set national standards for nursing homes, and tether those benchmarks to $5 billion in federal funding.
gashole wrote: They have said they have most residents and staff vaccinated... Covid cases should be plummeting.. Shares are dropping lower, not sure what to make of that. 

goodheart-r wrote:

On January 5, 2021, the Government of Ontario announced an additional $398 million in funding for costs related to enhanced staff and visitor testing requirements and continued prevention and containment efforts.

In addition, the Government of Ontario announced the extension of its occupancy protection funding for long-term care residences until February 28, 2021 in support of infection and prevention protocols. This will support long-term care providers in limiting rooms with three or four beds to a maximum of two residents per room.  

The Government of Ontario continues to fund an increased pay of $3/hour for personal support workers in long-term care communities. We are grateful for the government’s continued support of our frontline team members, which has been in place since the beginning of November 2020, including retroactive payments for the month of October 2020.





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