H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s): HRUFF

Real Estate REIT - Diversified

H&R Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, operates and develops residential and commercial properties across Canada and in the United States. The Company operates through the four segments: Residential, Industrial, Office and Retail. The Residential segment consists of approximately 24 residential properties in select markets in the United States and its portfolio comprises 8,166 residential rental units. The Industrial segment consists of 66 industrial properties in Canada and two properties in the United States comprising 8.7 million square feet. The Office segment consists of 17 properties in Canada and three properties in select markets in the United States, aggregating 5.5 million square feet. The Retail segment consists of 34 properties in Canada, which are single tenant properties as well as two single tenant retail properties and one multi-tenant retail property in the United States.

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H&R Real Estate Investment Trust > Canada’s inflation rate has bottomed

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Post by Torontojayon Jul 26, 2023 7:40pm

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Post# 35558715

Canada’s inflation rate has bottomed

There are 2 forces that are going to work against future Cpi prints:

1) Higher oil and energy costs with production cuts from Russia and the Saudi's pushing oil higher. Also, carbon tax increase for July is not going to help the situation. Don't worry, there are more carbon tax increases for next April which is less than a year away.

2) the spread between gasoline prices y/y is going to narrow in the months ahead due to the base effect.

I'll make a prediction that something is going to break in the economy before interest rates fall. The unemployment rate is going to increase before core inflation falls.

Just a hunch.