Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): ARESF | T.AX.UN | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

TSX:AX.PR.E - Post by User

Artis Real Estate Investment Pref Shs Series E

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Post by DZtraderon Aug 09, 2024 11:08am

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Post# 36171399

Looking for a silver lining in Cad Jobs

I think there is little doubt Canada is in recession, as I have noted over the last couple months already. If you are searching for a silver lining, the jobs loss (given the size of the overall workforce) was somewhat minimal. Yes I get the immigration argument. The other thing to consider is that we created 62,000 full time jobs while losing 64,000 part time jobs. Given this backdrop, I should think BOC continues cuts into the close of the year. Better late than never, and will hopefully see a shallow recession as a result. Would like to see a stronger candidate challenge Trudeau, but at the end of the day, can only improve from here.

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