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Sienna Senior Living Inc T.SIA

Alternate Symbol(s):  LWSCF

Sienna Senior Living Inc. is a Canada-based senior living provider. The Company offers a full range of senior living options, including independent living (IL), assisted living (AL) and memory care (MC) under its Aspira retirement brand, long-term care (LTC), and specialized programs and services. The Company owns and operates senior living residences in the Provinces of British Columbia, Saskatchewan and Ontario. The Company owns and operates a total of approximately 82 senior living residences: 40 retirement residences (RRs) (including the Company's 50% joint venture interest in 12 residences in Ontario and Saskatchewan); 34 LTC communities; and eight senior living residences providing both private-pay IL/AL and funded LTC (including the Company's joint ownership in two residences in British Columbia). The Company also provides management services to an additional 12 senior living residences in the Provinces of British Columbia, Ontario and Alberta.


TSX:SIA - Post by User

Comment by gasholeon Feb 14, 2021 8:35am
103 Views
Post# 32564084

RE:RE:excert from sia

RE:RE:excert from siaThey 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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