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Wall Financial Corp T.WFC

Alternate Symbol(s):  WFICF

Wall Financial Corporation is a Canada-based real estate investment and development company. The Company is focused on development and management of residential and commercial rental units, development and construction of residential housing units for sale and development and management of hotel properties. Its segments include ownership and management of revenue-producing residential and commercial properties (Rental), ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development). Its properties include The Beginnings at Peter Wall Mansion, Granville Skytrain Station, 1050 Burrard at Wall Centre, Wall Centre Richmond, Wall Centre Vancouver, Crofton Lands, The Trails Phase 2, Wall Centre Burnaby, 1105 Seymour, Hornby & Drake, Hastings & Gore, Ivy on the Park, Strathcona Village, York Theatre, Wall Centre False Creek, The Capitol Residences & Music School, Yaletown Park, Electric Avenue, and Metropolitan Towers.


TSX:WFC - Post by User

Post by wynneron Oct 18, 2024 9:35pm
87 Views
Post# 36272712

Rental and refinery.

Rental and refinery.Wall Financial Corporation is a Canada-based real estate investment and development company. The Company is focused on development and management of residential and commercial rental units,
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“Data for cities and city regions across Canada show that among 62 urban areas, minimum-wage workers can afford a one-bedroom apartment in only nine of them and a two-bedroom apartment in only three,” the report said. “Affordable rentals are available only in Brandon [Man.], in Cape Breton [N.S.], and in seven smaller Quebec cities.”

 

There is significant variation across the country, but in most cities, minimum wage workers need to work more hours to pay their rent than they did in 2019, leaving less money for other needs.

“Tenants in Vancouver, Toronto, Victoria, Kelowna, Ottawa, Calgary, and Hamilton cannot afford a two-bedroom unit even with the combined income of two full-time minimum-wage workers,” the report said.
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Me:
I have moved on from Office and Brookfield (BPO.PR). Big profits. Now heavy into infrastructure (petro chemical).Potential 5-10 bagger. I like the rental market in Van and TO. Though not as much.  Looking for the right time to buy a condo for my kid as I did in 1999. Timing is everything. 5 bagger on the condo. I don't buy bubbles.

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