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True North Commercial REIT T.TNT.UN

Alternate Symbol(s):  TUERF

Real Estate REIT - Diversified
True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.


TSX:TNT.UN - Post by User

True North Commercial REIT > So whats going to happen?
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Comment by rabnudon Sep 01, 2023 12:06pm
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Post# 35616131

RE:RE:RE:So whats going to happen?

RE:RE:RE:So whats going to happen?Here is a welcome commen sense request from non other than the premier of BC

British Columbia’s Premier, David Eby, has taken a bold stance on the looming interest rate hike in September, expressing his concerns in a letter addressed to Governor Tiff Macklem of the Bank of Canada. Eby emphasized the adverse impact that this rate increase could have on the people of British Columbia.

“In your role as Governor, I urge you to consider the full human impact of rate increases and not further increase rates at this time,” Eby wrote Thursday to Macklem.

In his letter, Eby commended the Bank of Canada for its efforts in curbing inflation and alleviating financial pressures on individuals and businesses. However, he urged Macklem to carefully consider the human repercussions of another interest rate hike at this juncture.

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