Re: SPA

From
Lucas Motro <lmotro@homecareassistance.com>
To
Tim Thomas <tthomas@homecareassistance.com>
CC
Tim Thomas <tt@homecareassistance.com>, Matt Neal <mneal@homecareassistance.com>
Date
Thu, 7 Jan 2021 15:44:53 -0500
Folder
INBOX
--000000000000c798a605b85583ab Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Thanks. So, the adjustment is related to Canadian public worker's compensation insurance (that may be US terminology) expenses incurred in 2020? As an update, we just checked in with the attorneys and should have something back soon. On Tue, Jan 5, 2021 at 9:16 AM Tim Thomas wrote: > Hi Lucas, > > Regarding the CNESST adjustment. Historically, our workers all fell unde= r > one category regardless of whether they were office employees or > caregivers. In May 2020, because of the virus and the resulting need for > more LPN=E2=80=99s (licensed practical nurse) than ever before, we reques= ted a > second rate for LPN=E2=80=99s and RN=E2=80=99s. Because these =E2=80=9Cn= urses=E2=80=9D are part of the > Quebec Order of Nurses, they carry their own insurance and therefore allo= w > us to benefit from a significantly lower CNESST rate. Having said they, > they still only account for about 8% of our total personnel. > > In July 2020, the CNESST also permitted us to create a third rate to cove= r > office employees. This was simply a blended rate of the first two which > resulted in some additional savings. > > *Tim Thomas* > *Home Care Assistance (Montr=C3=A9al)* > Tel: 514.907.5065 > tthomas@homecareassistance.com | > Homecareassistancemontreal.ca > > > > > > > On Jan 4, 2021, at 2:01 PM, Lucas Motro > wrote: > > + Matt. > > On Mon, Jan 4, 2021 at 2:00 PM Lucas Motro > wrote: > >> Hi Tim, Timothy, >> >> Can you share some notes with us around the anticipated CNESST >> adjustment/reimbursement? >> >> Thank you, >> Lucas >> >> On Wed, Dec 30, 2020 at 3:49 PM Timothy Thomas >> wrote: >> >>> Hi Lucas, >>> >>> Please find attached the comments from our attorney. >>> >>> Thank you, >>> Tim >>> >>> ---------- Forwarded message --------- >>> From: Michael Gaon >>> Date: Wed, Dec 30, 2020 at 12:28 PM >>> Subject: RE: SPA >>> To: Tim Thomas , Timothy Thomas >> tt@homecareassistance.com> >>> Cc: Kathy Kis >>> >>> >>> Please find attached the mark-up of the share purchase agreement with a >>> compared version in PDF showing our recent modifications. >>> >>> >>> >>> Yours truly, >>> >>> >>> >>> >>> *Michael Gaon *Associ=C3=A9 / Partner >>> 514-878-2861 ext. 115 >>> *mgaon@kklex.com * >>> >>> >>> >>> >>> >>> >>> >>> >>> >>> >>> >>> *From:* Tim Thomas >>> *Sent:* December-30-20 11:18 AM >>> *To:* Michael Gaon >>> *Cc:* Timothy Thomas >>> *Subject:* Re: SPA >>> >>> >>> >>> No we haven=E2=80=99t. I think the CNESST number might be closer to $1= 0-$20k >>> this year. >>> >>> Tim Thomas >>> Soins =C3=A0 Domicile / Home Care Assistance >>> >>> 514 907 5065 >>> >>> >>> >>> On Dec 30, 2020, at 11:02 AM, Michael Gaon wrote: >>> >>> =EF=BB=BF >>> >>> That=E2=80=99s fine. Has the company ever serviced clients outside of = Quebec? >>> >>> >>> >>> >>> *Michael Gaon *Associ=C3=A9 / Partner >>> 514-878-2861 ext. 115 >>> *mgaon@kklex.com * >>> >>> >>> >>> >>> >>> >>>

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