Sienna Senior Living Inc LWSCF

Onrario's budget helpfull

[sergio2go]

The latest Ontario's budget will be welcomed by long term healthcare homes. Most, if not all of costly restrictions related to Covid program, will finally be a thing of the past and should improved the financial situation of LTC.  Adding a sharp increase of investment from the Ontario government related to LTC will benefit Sienna. That being said, the current trend of the market his heading for instability because of concern regarding the banking situation. Bottom line, let's keep are head cool, cashing the juicy dividend and one of these days we will be rewarded. Just saying...

[dogatcat]

Just remember, not even the NDP as a government wants to deal with LTC beds.   They have to make sure Sienna and Exetendicare are well funded and want to stay involved in publicly funded LTC beds.  There is no other option than government taking over the LTC beds and they do not want this.    Money is coming both from the Feds and the provinces.    These