Bullboard - Stock Discussion Forum BTB Real Estate Investment Trust T.BTB.DB.H

Primary Symbol: T.BTB.DB.G Alternate Symbol(s): BTBIF | T.BTB.UN

BTB Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust (REIT). The Trust’s primary objective is to maximize total return to unitholders, to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders, to grow the Trust’s assets through internal growth and accretive acquisitions, and optimize the value of its assets... see more

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BTB Real Estate Investment Trust > Finally an Economic update from the Federal government

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Post by 15Stanmore on Nov 30, 2020 8:43am

Finally an Economic update from the Federal government

In her first big test as finance minister, Chrystia Freeland will be delivering the first full economic update since the start of the pandemic today, with the federal government attempting to square demands for COVID-19 spending with concerns about the hundreds of billions in new debt.

Amid a year of economic turmoil and with limited public accounting of emergency spending, the update will be watched closely by Bay Street and political leaders alike. Conservatives are already bracing for the updated numbers, with federal Leader Erin O’Toole expecting that the new deficit tally will push $400-billion – past the already historic high of $343.2-billion announced in July. The economic statement will be released after markets close.

I am sure all Canadian investors will be wanting to see just how bad the fiscal mess looks like.

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