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Selection Retraite seniors' home company files for creditor protection

A Quebec company that runs over 48 seniors homes has filed for creditor protection, leaving residents uneasy about the future. In a note sent to over 14,000 seniors on Nov. 14, Selection Retraite said the request is a product of the COVID-19 pandemic, inflation and hiked interest rates, but stressed that it would not impact services.
Sonia Belanger Pierre Lynch Selection Retraite Quebec Seniors Minister Sonia Belanger Selection Retraite Sunday

Quebec seniors' home company files for creditor protection

A Quebec company that runs over 48 seniors homes has filed for creditor protection, leaving residents uneasy about the future. In a note sent to over 14,000 seniors on Nov. 14, Selection Retraite said the request is a product of the COVID-19 pandemic, inflation and hiked interest rates, but stressed that it would not impact services.
Sonia Belanger Pierre Lynch Selection Retraite Quebec Seniors Minister Sonia Belanger Selection Retraite Sunday

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