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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Volume

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Comment by flamingogoldon Aug 26, 2021 7:36pm

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Post# 33774078

RE:RE:RE:Volume

It's a catch-22, shuttering businesses and then supporting the masses to stay at home has ballooned the deficit from $25 billion to $350 billion in just over a year. Historic!

Of course, this is a national figure but point being is our kids and even their kids will be paying for it and it isn't going to be pretty. The deficit cannot grow forever, there are consequences.

Anyway, I dislike discussing politics here but it's hard to avoid this time because political decisions regarding covid affect the market and our investment.

Robsopinion wrote:
Not to get into politics on a business board, but as a parent of kindergarten age children online does not work. Open the schools, close the businesses if that's what it takes, otherwise the next generation will be in big trouble.

disclosure: I have about half of my children's RESP invested in SRV. Was higher but they were buying in for $15 or $16 per unit and reinvesting distributions.

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