RE:RE:RE:RE:RE:RE:RE:RE:RE:Dollarama Online Platformjx7000 wrote: I wouldn't be buying DOL at these lowered prices. You might get a dead-cat bounce, and you can make a fast buck if you're nimbl and not greedy, but then it'll revert back to the trend.
And in Ontario, the minimum wage went up to C$14 per hour, and due to go to C$15 next January. That sudden spike last Jan. had to hurt.
This statement from MT Newswires says it all for me:
The company now expects growth of 2.5% to 3.5% for the fiscal year, versus an earlier prediction of 4% to 5%.
I think the new "normal" will be the lower $40s, given the div as it is.
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Just my opinion
Ford has even spoken out on the issue of minimum wage, saying that he would keep it at $14 an hour, but would not raise it to $15 next year as the Liberals had intended to do.