Potential retirement home sale raises questions
KAMLOOPS — The Hospital Employees Union says the reported sale of Retirement Concepts to a massive Chinese insurance company raises a ton of questions.
Retirement Concepts owns two dozen seniors facilities in Canada, including Kamloops Seniors Village, where about 200 HEU members are employed.
The Globe and Mail reported this week the company will be taken over by Anbang in a deal worth more than $1 billion.