TSX:REI.UN - Post by User
Comment by
gasholeon Dec 26, 2020 8:31am
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Post# 32183491
RE:We will be closed until at least June 2021-
RE:We will be closed until at least June 2021- Retail closed until June? yes that would be a disaster.. But I highly doubt it. Sorry about your heart and stroke being cancelled but that hardly means my retails stores or others are going to be closed. It would really decimate the economy... not going to happen. It will get to the point where the cure is worse than the disease at that point and you would see mass rebellion... June?? no way.. mid or end of Feb - yes very possible.
BlueGuitar1 wrote: This is a clue for those who care to listen.
I ride my bicycle in the Manulife Ride for Heart and Stroke every year. This charity ride in Toronto, occurs every June approx.
I got notification that the ride in June 2021 is cancelled and will go virtual.
And there you have it. We will be closed and limited severely until at least June 2021 because the government won't allow the ride to go on even in June 2021- that's 6 months away.
If the CNE in August 2021 is also cancelled, well you can bet that we will be restricted again until August 2021.
We will see a retail bankruptcy apocolypse coming. So sad. It is the government's fault and it didn't have to be this way. What will happen to RioCan with such a strong Retail base???