Sienna Senior Living Inc. SIA.TO

Company Overview

Sienna Senior Living Inc. is a Canadian senior living company that owns, operates, and develops a diversified portfolio of senior housing and long-term care assets. The company operates primarily in the senior living and healthcare services industry, with a focus on long-term care (LTC) and retirement living communities. Its core revenue drivers are government-funded long-term care operations and privately funded retirement residences, generating income through resident fees, accommodation, care services, and ancillary offerings.

The company primarily serves senior residents requiring a range of accommodation and care services, from independent and assisted living to licensed long-term nursing care. Sienna is positioned as an integrated owner-operator with scale in regulated long-term care, which provides relatively stable cash flows, complemented by higher-margin retirement living operations. The company traces its origins to Leisureworld Senior Care, founded in 1973, and rebranded as Sienna Senior Living Inc. in 2015 to reflect its broader senior living platform and growth beyond traditional long-term care.