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Extendicare Inc T.EXE

Alternate Symbol(s):  EXETF | T.EXE.DB.C

Extendicare Inc. is a provider of care and services for seniors across Canada. The Company operates under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. The Company operates through four segments: Long-term Care, Home Health Care, Managed Services and Corporate. Its Long-term Care segment includes over 53 long-term care homes, which it owns and operates in Canada. Its Home Health Care segment operates through its subsidiary, ParaMed, which provides complex nursing care, occupational, physical and speech therapy, and assistance with daily activities. Its Managed Services segment includes its management, consulting and group purchasing divisions. Through the Extendicare Assist division, it provides management and consulting services to third parties, and through the SGP Purchasing Partner Network division, it offers purchasing contracts to other senior care providers for food, capital equipment, furnishings, cleaning, nursing supplies, and more.


TSX:EXE - Post by User

Comment by Shirtlessnomoreon Jan 20, 2021 8:19pm
112 Views
Post# 32341242

RE:RE:RE:LAW SUITS WILL FAIL

RE:RE:RE:LAW SUITS WILL FAILAgreed, complete bs out of china, not one bit true, sorry but everything is bs from their government, even go back to Fukushima and the nuclear plant, no one knew anything close to truth. As for covid huge population and guarenteed it's still hitting hard there, having said all that I commend them on no longer playing the keep track of "new cases new deaths" nonsense fear monger garbage. You know it's still there they are just carrying on is my guess. It doesnt just go away because "they did a good job" they know most are unaffected and have no symptoms they are likely just protecting their elders, which imo is how it should be. Cheers
flamingogold wrote: I don't buy for a minute what China says. Communist regimes will always hide their faults. I might agree that they handled it better only because their citizens fear authority more than here. But, for sure we don't have their real covid numbers so not a fair comparison at all.

Marner16 wrote: Indoubt brings up an interesting point that I have seen discussed elsewhere.

China did a remarkable job of containing Covid-19.  One can discuss conspiracy theories forever, but there are two things that can't be denied that contributed to China's success in dealing with Covid-19.

First off, China issued "stay at home" orders to 700 million people that were enforced.  In western civilization, we take our freedom for granted and as such, draconian style orders are met with great resistance.  The difference between China's response to Covid19 and America's response represent opposite ends of the spectrum and the evidence is clear who won as China is booming again.

Another factor that I believe also played a significant role in China's success was that China immediately build temporary hospitals in ten days to deal with the crisis.  The temporary hospitals allowed China to isolate cases and kept actual hospitals open for non-Covid patients. 

In Canada, we hear complaints about how badly EXE and other LTC facilities performed in regards to Covid.  However, our LTC facilities essentially performed the Canadian version of China's temporary hospitals. 

Canadian hospitals didn't want our LTC facilities dropping off bus loads of ailing elderly patients who may or may not have had Covid.  Hospitals were completely ill-equipped to handle a Covid onslaught as nobody had established protocols.  Innundating emergency wards would only have exaccerbated the existing over crowding problems in our hospitals. 

I expect that lawyers will shred non-competency claims against LTC facilities. 

It is hard to imagine the loss that families feel who have endured Covid related deaths.  Proving that EXE was responsible for the deaths will be a monumental task.







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