RioCan Real Estate Investment Trust T.REI.UN

CERS Royal Ascent

[CANCDN]

It's officially law as of today! The government is subsidizing commercial rent back dated to Sept 27 until next June. Any business that has lost revenue gets subsidy all the way up to 90% if you are forced closed! This is on top of Ontario government program paying taxes and utilities. 

Canada government also paying 65% of employee  wages

[BlueGuitar1]

Sounds great if it can be taken advantage of.  But where does the money come from?  Is the Bank of Canada making lots of digital currency?  Watch out for huge inflation after the deflation to come. 

[SeekAlpha81]

And during inflationary times you don't want to be holding cash, you want to be holding assets... like real estate!

[BlueGuitar1]

So true, but deflation will happen first and that is where cash in king. I will buy tons of RioCan after the crash of 2020 again. I see red today. Better hold $17.

[Covidruinedme]

if you think this is going under $16 you must be very new to stock trading, you wont see $16 anymore , i doubt you will even see $16.5 anymore, but please sell and wait for the next crash to buy,  i will be laughting at you just how i laughed at CANDAN for selling at $16.30 just to buy back in $17 + pay tax on the capital gain in a month. you wont see under $16.5 anymore unless there is a

[hroark7]

Thanks Covidruinedme for schooling the smoothbrains.