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Sienna Senior Living
Sienna Senior Living Inc. is a Canadian publicly traded senior housing company based in Markham, Ontario. As at 31 December 2019, the company owned and operated 70 seniors’ living residences in addition to managing 13 residences for third parties; all were located either in Ontario or B.C. In Ontario, Sienna was the largest long-term care operator. The company is listed on the Toronto Stock Exchange. History Sienna was founded in 1972. It was originally known as Leisureworld Senior Care Corporation. In March 2005, Macquarie Bank acquired Leisureworld for $528 million. At the time, the company had 19 long-term care homes, 2 retirement homes, and 3,200 beds. 45% of the company was later transferred to the Macquarie Power Income Fund. It held an initial public offering on the Toronto Stock Exchange in 2010, raising $190 million. As part of the IPO, the Macquarie entities sold their stake in the company. For most of its history, the company was primarily an operator of lo ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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S&P/TSX Composite Index
The S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the Toronto Stock Exchange (TSX) with about 250 companies included in it. The Toronto Stock Exchange is made up of over 1,500 companies. It replaces the earlier TSE 300 index. On November 12, 2021 the S&P/TSX Composite Index reached an all-time closing high of 21,768.53. The intraday record high was made on November 16, 2021 at 21,796.16. Eligibility To be eligible for inclusion in the Composite Index: * Market capitalization: For eligibility any security must represent a minimum weight of 0.05% of the index. Moreover, the security must have a minimum weighted average price of at least C$1 over the past three months and over the last three trading days of the month-end prior to the exchange reviewing the index. * Liquidity: The trading volume in terms of dollar value and the number of transactions must exceed at least 0.025% of the sum of all eligible se ...
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Retirement Home
A retirement home – sometimes called an old people's home or old age home, although ''old people's home'' can also refer to a nursing home – is a multi-residence housing facility intended for the elderly. Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional facilities are provided within the building. This can include facilities for meals, gatherings, recreation activities, and some form of health or hospital care. A place in a retirement home can be paid for on a rental basis, like an apartment, or can be bought in perpetuity on the same basis as a condominium. A retirement home differs from a nursing home primarily in the level of medical care given. Retirement communities, unlike retirement homes, offer separate and autonomous homes for residents. Retirement homes offer meal-making and some personal care services, according to ARCO. Assisted living facilities, memory care facilities and nursing homes can all be referr ...
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Markham, Ontario
Markham () is a city in the Regional Municipality of York, Ontario, Canada. It is approximately northeast of Downtown Toronto. In the 2021 Census, Markham had a population of 338,503, which ranked it the largest in York Region, fourth largest in the Greater Toronto Area (GTA), and 16th largest in Canada. The city gained its name from the first Lieutenant-Governor of Upper Canada, John Graves Simcoe (in office 1791–1796), who named the area after his friend, William Markham, the Archbishop of York from 1776 to 1807. Indigenous people lived in the area of present-day Markham for thousands of years before Europeans arrived in the area. The first European settlement in Markham occurred when William Berczy, a German artist and developer, led a group of approximately sixty-four German families to North America. While they planned to settle in New York, disputes over finances and land tenure led Berczy to negotiate with Simcoe for in what would later become Markham Township in ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the EY Tower in Toronto's Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities. The Toronto Stock Exchange was established in 1861, and incorporated by the Legislative Assembly of Ontario in 1878. The Toronto Stock Exchange became the sole Canadian exchange for senior equities in 1999. In 2002, the exchange became a publicly-traded company and rebranded from the TSE to the ''TSX'' A broad range of businesses from Canada and abroad are represented on the exchange. In addition to conventional securities, the exchange lists various exchange-traded funds, split share corporations, income trusts and investment funds. More mining and oil and gas companies are listed on Toronto Stock Exch ...
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Macquarie Group
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$737 billion in assets under management. History 1969–1979 Macquarie was founded on 10 December 1969 as Hill Samuel Australia Limited, a subsidiary of the UK's Hill Samuel & Co. Limited. Australian businessman Stan Owens compiled a proposal for Hill Samuel & Co. to establish an Australian subsidiary. After presenting his report in London, Mr Owens was offered the role of implementing it. He became Executive Chairman of Hill Samuel Australia (HSA) and founded the company from offices at Gold Fields House in Sydney's Circular Quay. The company's first three employees were Stan Owens, Blair Hesketh and Geoff Hobson. Later Chris Castleman (on loan from the British parent) an ...
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Capstone Infrastructure
Capstone Infrastructure Corporation is a Toronto, Ontario-based open-ended trust that invests in the following types of power generation assets: Natural Gas cogeneration, Wind, Hydro, Biomass and Solar. It was formerly known as Macquarie Power & Infrastructure Income Fund. Corporate History Macquarie Power & Infrastructure Income Fund (MP&I) first listed on the Toronto Stock Exchange in April 2004 as Macquarie Power Income Fund with the 156MW Cardinal natural gas plant as its sole asset. In April 2005, the fund's founding President & CEO Bob Rollison announced a broader acquisition strategy that would include infrastructure assets beyond the energy sector. Leisureworld Acquisition and Divestiture This broader mandate allowed MP&I to acquire 45% of Leisureworld, an operator of Long-Term care facilities in Ontario, in 2005. However, management opted to divest this asset in 2009 - arguing that they wanted to focus more on "core infrastructure categories, such as power generation, ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Ingersoll, Ontario
Ingersoll is a town in Oxford County on the Thames River in southwestern Ontario, Canada. The nearest cities are Woodstock to the east and London to the west. Ingersoll is situated north of and along Highway 401. Oxford County Road 119 (formerly Ontario Highway 19) runs north diagonally through the town. A Canadian National rail line bisects the town east to west through its centre. Passenger service from the Ingersoll train station is provided to other stops in Southwestern Ontario by Via Rail. To the south is a CPR line, with spurs into local industries, which provides freight service to points in the region. The local high school is Ingersoll District Collegiate Institute. The Ingersoll area was first settled in the 1790s by families from New England, became famous for homemade cheese production before the War of 1812, and its surrounding County of Oxford was home to the first cheese factories in Canada, starting in 1864. In 1866, through collaboration by the town's business ...
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COVID-19 Pandemic In Ontario
The COVID-19 pandemic in Ontario is an ongoing viral pandemic of coronavirus disease 2019 (COVID-19), a novel infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first confirmed case of COVID-19 in Canada was announced on January 25, 2020, involving a traveller who had recently returned to Toronto from travel in China, including Wuhan. Ontario has had the largest number of confirmed COVID-19 cases among Canada's provinces and territories, but due to having the largest population, only ranks sixth adjusted per capita. Ontario surpassed one million lab-confirmed COVID-19 cases on January 24, 2022; one day before the anniversary of the first confirmed case on January 25, 2020. On March 17, 2020, a state of emergency was declared by Premier Doug Ford. This included the gradual implementation of restrictions on gatherings and commerce. From late spring to early summer, the majority of the deaths were residents of long-term care homes. In ...
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Companies Listed On The Toronto Stock Exchange
The list of companies listed on the Toronto Stock Exchange is divided by initial: *Companies listed on the Toronto Stock Exchange (0-9) *Companies listed on the Toronto Stock Exchange (A) * Companies listed on the Toronto Stock Exchange (B) * Companies listed on the Toronto Stock Exchange (C) *Companies listed on the Toronto Stock Exchange (D) * Companies listed on the Toronto Stock Exchange (E) *Companies listed on the Toronto Stock Exchange (F) * Companies listed on the Toronto Stock Exchange (G) * Companies listed on the Toronto Stock Exchange (H) * Companies listed on the Toronto Stock Exchange (I) *Companies listed on the Toronto Stock Exchange (J) * Companies listed on the Toronto Stock Exchange (K) *Companies listed on the Toronto Stock Exchange (L) * Companies listed on the Toronto Stock Exchange (M) *Companies listed on the Toronto Stock Exchange (N) *Companies listed on the Toronto Stock Exchange (O) *Companies listed on the Toronto Stock Exchange (P) *Companies listed on t ...
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