Public Sector Pension Investment Board
Revera/Parent organizations
The federal government, through the crown corporation Public Sector Pension Investment Board, is the sole owner of Revera Inc. – and therefore the owner of Canada’s second-largest chain of for-profit long-term care facilities.
Is Revera owned by the Canadian government?
Thus, Revera, which is a for-profit company, formed out of Central Park Lodges and Retirement Residences REIT, is now fully owned by the pension plan of the federal civil service/RCMP/military through the Public Sector Pension Plan Investment Board.
Is Revera a Canadian company?
Revera Inc. is a Canadian company that provides accommodation, care and services for seniors. It owns and operates retirement residences and long-term care facilities.
Who owns Revera care homes in Manitoba?
Capital Partners. Through a joint venture, Revera shares ownership of 36 long term care homes in Ontario, Alberta, Manitoba and British Columbia with Axium, a Canadian-based infrastructure investment firm.
Is revera public or private?
Revera is a multi-billion dollar private continuing care operator that owns more than 500 facilities across Canada, the United States and the United Kingdom, including 22 in Alberta alone. By taking Revera public, we can reimagine long term care and better protect our loved ones and their caregivers. Enough is enough!
Is Rivera a Crown corporation?
Revera, which owns and operates more than 500 seniors’ residences in North America and the U.K., is a wholly owned subsidiary of PSP Investments, a Canadian Crown corporation that invests funds for the pension plans of federal public servants, Canadian Forces personnel and the RCMP.
Is revera a corporation?
Revera is a wholly owned subsidiary of the Public Sector Pension Investment Board (PSP), a federal crown corporation that manages the pension plans of federal public service workers.
Who is CEO of Revera?
Thomas G. Wellner
Revera/CEO
When was revera founded?
1961
Revera/Founded
Is Mike Harris CEO of Chartwell?
The company operates homes in B.C., Alberta, Ontario and Quebec and employs more than 15,000 people, most of them women. And the chair of Chartwell’s Board of Directors? It’s none other than former Ontario premier Mike Harris.
Who is Thomas G Wellner?
Thomas Wellner is President and CEO of Revera. Since joining Revera in early 2014, Mr. Wellner has led the organization through transformational changes, developing the company’s strategic direction to grow, innovate and lead in the sector.
What is the largest retirement home in Canada?
Chartwell Retirement Residences
Chartwell Retirement Residences is the largest provider of seniors’ housing in Canada, with over 200 locations across Quebec, Ontario, Alberta, and British Columbia.
What is Revera and where is it based?
Operating for over 50 years, Revera says it now oversees the second-largest network of accommodation, care and services for seniors in North America, serving older adults at more than 500 locations in Canada and the United States. It also has holdings in the UK. The company is headquartered in Mississauga, Ontario.
Why choose Revera senior living?
Their experience guides Revera to be the leader in the Canadian senior living sector and drives innovation. Revera is committed to good governance. Our board members have backgrounds in finance, politics, real estate, public transit and hospitality.
What is the Revera affinity partnership?
Revera, a leader in the senior living sector, today announced its new Affinity Partnership with C.A.R.P., also known as the Canadian Association of Retired Persons, a national advocacy organization that serves the needs of Canadians As We Age. Revera is proud to be the only senior living operator in Canada approved by C.A.R.P.
Is Peacock Revera still in business?
Operating for over 50 years, Peacock Revera says it now oversees the second-largest network of accommodation, care and services for seniors in North America, serving older adults at more than 500 locations in Canada and the United States. It also has holdings in the UK. The company is headquartered in Mississauga, Ontario.
