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 > New Restrictions on Restaurants in Windsor-Essex

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Comment by BlueJay2020on Dec 07, 2021 11:15am

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Post# 34206349

RE:RE:New Restrictions on Restaurants in Windsor-Essex

Totally agree - the restaurant industry gets the excrement-covered end of the stick - first to be restricted, and last to become unrestricted. Targeted action makes sense, not blanket solutions. Politicans are wary because of Omicron, but unless we see our hospitals full to bursting with critically ill patients it makes no sense to shut down lives. Businesses cannot survive with all this chopping and changing - how on earth are you supposed to plan? I understand the travel sector has the same problem, but at least they are more on the frontlines of the virus coming in the country.

flamingogold wrote: Since the Fall, more people have been infected from schools and only that particular school was closed, not the entire region. With Ontario's high vaccination rates, it's ridiculous to shutter entire regional business sectors again. Absolutely mental that restos would get shuttered and not indoor sports events with 20.000 people shoulder to shoulder, many with masks removed at all times. Politicians are boneheads.

BlueJay2020 wrote: Due to a superspreader event at one restaurant where over 40 people were infected at a birthday party. Could have done without this really, not good for sentiment.