(Retirement Concepts photo)

Union pleas for province to act on nursing home takeover by Chinese government

China has seized the Anbang Insurance Group — the parent company of 21 senior living homes in B.C.

The Hospital Employees’ Union is urging the B.C. government to create an action plan that includes potentially buying and operating a retirement home chain recently taken over by the Chinese government.

“We must ensure that seniors’ care is safeguarded from any attempts to pull more revenue out of B.C. nursing homes – or to dispose of these assets in a manner that disrupts care for seniors and others,” Jennifer Whiteside, the union’s secretary-business manager, said in a news release Tuesday.

In February, Retirement Concept care homes, which include 21 facilities across the province, were taken over by the overseas government after being seized from Beijing-based Anbang Insurance Group by the Chinese Insurance Regulatory Commission.

At the time, the insurance regulator cited fraud charges against Anbang’s former chairman Wu Xiaohui and risk of insolvency as reasons for the government’s takeover for the next two years.

The changes come just one year after the federal and provincial government approved the sale of the seniors care facilities chain to Anbang, “despite concerns that the Chinese company’s global spending spree was unsustainable,” the union’s news release reads.

The employees union is now calling on the province to create a three-point plan that includes audits on staffing and finances, a moratorium on contract flipping in case Anbang seeks to dispose of its care home assets and look into purchasing and operating these sites if the company is to sell.

Black Press Media reached out to the Ministry of Health, but did not receive a comment by deadline.


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

VIDEO: Abbotsford DOES have a Christmas parade

Wisconsin city has hosted a parade every year since 1970

VIDEO: Abbotsford driver’s dash-cam records two close calls in three weeks

Pedestrians nearly struck in first video, second video catches car driving into oncoming traffic

Abbotsford police seek public’s help in locating wanted man

Warrants put out for Zoltan Charles (Meischl) Losier, thought to be in Fraser Valley/Lower Mainland

Gnarly Barley Brew Festival debuting in Abbotsford

Abbotsford Centre hosting celebration of beer on March 14

Buck, buck, goose: $25k budgeted to target goose eggs

More than 500 eggs were addled last year as city continued battle against growing goose population

Fashion Fridays: A masterclass on H&M knitwear

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

B.C. Crown corporation immune from taxation, but still might have to pay GST: Court

British Columbia Investment Management Corporation may still be on hook for GPS payments

‘He was good for the West:’ Sadness, surprise in Saskatchewan over Scheer

Saskatchewan Premier Scott Moe and his predecessor, Brad Wall, both thanked Andrew Scheer

Poll suggests travellers know little about air-passenger rights

The first set of passenger-rights rules landed in mid-July and the rest this weekend

Johnson claims Brexit mandate with new conservative majority

Conservative Party wins 365 seats in the House of Commons

‘British Columbians are paying too much’: Eby directs ICBC to delay rate application

Attorney General David Eby calls for delay in order to see how two reforms play out

VIDEO: Octopus, bald eagle battle after bird ‘bites off more than it can chew’ in B.C. waters

B.C. crew films fight between the two feisty animals in Quatsino off north Vancouver Island

Most Read