TSX:CAR.UN - Post by User
Post by
DanielDardenon May 26, 2023 9:09am
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Post# 35465455
25 Years
25 YearsAfter going public in 1997 at $10/u this has outperformed all listed currently. It is yielding 12% on invested capital presently as a result of raising distributions and has quintupled in price.
It is interesting that this occurred after a similar period in the ‘90s. GIC Refugees, after realizing that their GICs were not matching inflation, flocked to the stock market for higher returns when interest rates began dropping. Will this happen again? Likely, to apartments first, when the light comes on.