Revera, once one of Canada’s largest operators of long-term care homes, is rolling out plans to “transition out” of managing retirement homes across the country.
The company informed employees last week that three different Canadian companies will take over management of dozens of Revera retirement homes.
“Revera has made the decision to focus primarily on managing property/real estate and will no longer manage retirement residence operations in Canada,” reads an Aug. 2 notice sent to union representatives for Revera workers.
In total, information distributed to unions suggests more than 80 seniors’ residences are part of the proposed transfer, with more than half of
