Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

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

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Comment by Trallalainveston Apr 30, 2020 1:51am

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Post# 30969889

RE:Minimum wages

I dont see wages coming down but I anticipate things to go back to regular. If anything you can expect inflation to cause goods, services, and wages to continue to increase. Though historically wages are the slowest and lowest to be risen. The government has provided huge amounts of stimulus to businesses and citizens. The majority of part time workers are making more from cerb then their regular wages. So once things open I am expecting an influx of people willing to spend for entertaining and socializing. Especially being couped up in their homes for a month or two. My main focus and patience for srv is for businesses to open back up social distancing to stop and collect dividends to reinvest. Glta hope everyone is doing good and excited for things to return to normal or better than normal again :)

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