EXE meaning in Business ?

tuteeHUB earn credit +10 pts

Answer:

What is Extendicare Real Estate Investment Trust mean?

Extendicare Inc. Extendicare Corporation is a for-profit long-term care (LTC) Canadian corporation that offers housing, care and related services to seniors. The company operates over 100 care facilities and is based in Markham, Ontario. Extendicare operates retirement residences and long-term care facilities under the Extendicare, Esprit Lifestyle and ParaMed brands, with 23,000 employees.

In 2006, the company became a real estate investment trust (REIT) and began trading on the Toronto Stock Exchange (TSX) under the symbol EXE.UN on November 10, 2006. In 2012, the company completed its conversion from an income trust structure named Extendicare Real Estate Investment Trust to a corporate structure named Extendicare Inc.

Extendicare's owns and operates dozens of long-term care and retirement facilities with the majority in Ontario and 11% in Alberta. They have a number of significant subsidiaries and divisions, including ParaMed, Esprit Lifestyle Communities, Extendicare Assist, and their Purchasing Partner Network division, SGP.

From January to September 2020, Extendicare paid out about CA$29 million to shareholders. During the same period, Extendicare's division—ParaMed— received CA$82.2 million in from the Canada Emergency Wage Subsidy (CEWS). The company said government funds went to LTC workers directly, not towards dividends.

reference
Full Form Category
Extendicare Real Estate Investment Trust Business
Exoma Energy Ltd Business
Executable File Computing
Executable Computing
8X8 PROTOCOL Cryptocurrency
Directly Executable Program (msdos) File Type
Elearning XHTML Editor General
Executive Edition General
Executive Jobs

Report

Posted on 18 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Write Your Comments or Explanations to Help Others



webstory list tuteehub
Miscellaneous in Business
webstory list tuteehub
MBA HRM Mcqs in Business
webstory list tuteehub
MBA Finance Mcqs in Business
webstory list tuteehub
Startup Funding
webstory list tuteehub
Career Switching
webstory list tuteehub
Accounting in Business
webstory list tuteehub
Miscellaneous in Business


Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

open app imageOPEN APP