Report
Christopher Tsichlas ...
  • Travis Shaw

The Impact of the Coronavirus and the Challenges Ahead for Canadian Long-Term Care Operators

Long-term care (LTC) providers have been at the centreof the Coronavirus Disease (COVID-19) pandemic around the globe. Canada's experience is no exception as, according to the Canadian Institute for Health Information, LTC and retirement homes have been linked to more than 80% of coronavirus deaths in Canada. The LTC sector is especially sensitive to the coronavirus, given its mission to provide accommodation, 24-hour nursing care, and assistance with daily-living and health needs to seniors—a particularly vulnerable population during a pandemic.
Underlyings
Leisureworld Senior Care LP

Leisureworld Senior Care LP

Leisureworld Senior Care LP

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Christopher Tsichlas

Travis Shaw

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