(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.


Like us on Facebook and follow us on Twitter.

Just Posted

2.5 years in Penticton courthouse over neighbour assault ends

Man pleaded guilty, withdrew, stood trial, pleaded guilty to assault described by Crown as ‘vicious’

Country star takes a dip for charity

Brett Kissel went for a dip in Okanagan Lake while in Penticton to raise money for Her International

Pursuit of Excellence defeats OHA in female prep hockey final

Okanagan Hockey Academy lost to Pursuit of Excellence 6-3 at the CSSHL final in Penticton

Oliver holds onto Wine Capital of Canada designation

It might be hard to swallow for other communities but Oliver remains Wine Capital of Canada

Carmi students start their day with Olympic inspiration

Brent Hayden, 2012 swimming bronze medalist, waded through Penticton and Summerland schools

What’s happening

Find out what events are taking place this weekend in the Okanagan and Shuswap

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Salmon Arm community cheers on Natalie Wilkie as she wins first gold medal

Local skier tops the podium in 7.5km race at the PyeongChang Paralympics

Experts: Society has a role in trying to prevent domestic violence

Experts are speaking out following the murder of a woman and her son in Ontario

Progress on fixing Phoenix pay system backlog could be short-lived: Ottawa

Feds have said they won’t try to recover money overpaid until all outstanding issues are fixed

Northern lights chasers in Canada discover new type named ‘Steve’

Phenomenon linked to a powerful current created by charged particles in Earth’s upper atmosphere

Washington state backs B.C. in pipeline dispute

Governor Jay Inslee says he is ‘allied’ with the province on Trans Mountain expansion projection

SAY WHAT? Readers weigh in on high-speed rail to U.S.

B.C. to contribute $300,000 to a million-dollar business study on the proposed project

Most Read