On November 14, 2022, Groupe Sélection initiated a restructuring process under the Companies' Creditors Arrangement Act (CCAA), aimed at addressing recent financial strains while continuing its mission of providing quality services to its residents. This strategic move, announced by the company's Founding President, Réal Bouclin, is in response to the compounded economic pressures of the pandemic, rising inflation, and increasing interest rates, which have significantly impacted the company's operations and development projects.

Despite the restructuring, the daily operations of Groupe Sélection's complexes and residences will remain unaffected, with the focus primarily on the construction, development divisions, and certain management entities within the group. The company emphasizes that this procedure is a temporary measure, not a sign of bankruptcy, and is crucial for maintaining the high standards of service to its residents and tenants.

For over three decades, Groupe Sélection has been committed to fostering the well-being and health of an intergenerational clientele in Québec. The company's ongoing social mission is to support the autonomy of seniors and promote an active and healthy lifestyle among all its residents. By undergoing financial and operational restructuring, Groupe Sélection aims to solidify its foundation and continue its role as a leader in the health sector and economic development within the region.