Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

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Sir Royalty Income Fund > Stage 1 reopening on Friday is the rumour...

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Comment by flamingogoldon Jun 07, 2021 2:48pm

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RE:Stage 1 reopening on Friday is the rumour...

Patio dining re-opens this Friday. While we are behind the US on the re-opening front we are catching up fast.

I visited a Costco today, they are no longer cleaning carts. When covid hit, Costco led the sector by cleaning carts, mandating indoor masks and giving every customer a free mask upon entry. The rest of the big box stores soon followed.

Costco is now leading the way again and the message is... covid is ending. Cheers to that!