News Releases

TORONTO, May 12, 2021– Revera Inc., founding partner of the Senior Living CaRES Fund (the CaRES Fund) joins Chartwell, Extendicare and Sienna to celebrate the one-year anniversary of the Fund’s establishment. To date, the CaRES Fund has awarded more than $2.4 million in emergency financial assistance to 761 senior living employees across Canada.

Established in May 2020, the CaRES Fund provides one-time financial assistance of up to $10,000 to Canadian employees of all senior living operators experiencing financial hardship as a result of the pandemic. The fund was established in recognition of the heroism front-line workers have displayed while caring for our most vulnerable.

The CaRES Fund has supported 761 senior living sector workers with one-time financial assistance to support challenges they’ve endured through the pandemic. Recipients include employees who temporarily moved out of their homes to reduce risk to vulnerable family members, resources to support homeschooling and providing funds for emergency childcare assistance.

“Our employees bring love and hope into our homes and residences through their everyday acts of compassion and courage,” says Thomas G. Wellner, CEO and President of Revera. “Revera is proud to honour our employees’ heroism and build a legacy of recognition through the CaRES Fund.”

Joined by two new partners, Southbridge Care Homes and OMNI Health Care, the CaRES Fund will continue its legacy in the coming months. All senior living sector workers, regardless of their employer, are eligible to apply.

The CaRES Fund looks forward to continuing to recognize the dedication of more senior living sector workers, who are working tirelessly to care for our seniors. More information can be found at seniorlivingcares.ca.

An Initiative for the Future

The CaRES Fund intends to continue its legacy post-COVID-19 through the establishment of a foundation aimed at continuing to support employees in the senior living sector who are experiencing hardship. As the initiative grows in size, and future contributors, it will always be rooted in the history of COVID-19 so that Canadians will never forget the heroic contributions of senior living sector employees.

About the Senior Living CaRES Fund

The Senior Living CaRES Fund was launched as a two-million-dollar fund established by Chartwell Retirement Residences, Revera Inc., Extendicare and Sienna Senior Living. Open to all employees in the sector, and inspired by their dedication and commitment, the CaRES Fund provides financial assistance to those facing extraordinary circumstances, and will build a legacy for future investment to support urgent financial needs and employee education.

About Revera

Revera is a leading Canadian-owned and -headquartered, owner, investor, developer and operator in the senior living sector. Through its portfolio of partnerships, Revera owns or operates more than 500 properties across Canada, the United States and the United Kingdom serving more than 55,000 seniors. The company offers seniors’ apartments, independent living, assisted living, memory care, and long term care. With approximately 50,000 employees dedicated to providing exceptional care and service, Revera is helping seniors live life to the fullest. Through Age is More, Revera is committed to challenging ageism, the company’s social cause of choice. Find out more at ReveraLiving.com, Facebook.com/ReveraInc.

For further information please contact:

Larry Roberts
Revera
289-997-5721
Larry.Roberts@reveraliving.com