Reitmans Ord Shs V.RET.A

Primary Symbol: V.RET Alternate Symbol(s): RTMNF | RTMAF

Consumer Cyclical

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a specialty fashion destination. Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-sized fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada. RW&CO. operates stores in shopping malls, as well as on their e-commerce site. RW&CO. specializes in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. The Company operates 406 stores consisting of 235 Reitmans, 91 Penningtons and 80 RW&CO.

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Reitmans Ord Shs > Royal Lepage Says Canadian Housing Market “Hot”

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Comment by nozzpackon May 28, 2023 4:22am

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Post# 35467656

RE:RE:RE:Royal Lepage Says Canadian Housing Market “Hot”

You seem blissfully unaware that the LTV of Canadian residential housing market has declined by a whopping 67% over the last 15 years and now stands below 60%.

Canadians have substantial equity in their houses which means they have little incentive to walk away from their houses which is why default rates are at historic lows.

You should move on from the US subprime era which really was not a big factor in Canada

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