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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

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

Artis Real Estate Investment Trust is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681... see more

TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > Canada’s inflation rate softened
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Post by Torontojay on Aug 20, 2024 8:56am

Canada’s inflation rate softened

Primarily due to the base effect. 

M/m inflation print was 0.433% which exceeds their inflation target of 2%. 

3 month annualized inflation rate is ~ 3.78% percent hitch is classic stagflation when you couple that with higher unemployment rate and low growth.

Comment by Torontojay on Aug 20, 2024 9:02am
Primarily due to the base effect.  M/m inflation print was 0.433% which exceeds their inflation target of 2%.  3 month annualized inflation rate is ~ 3.78% percent which is classic stagflation when you couple that with higher unemployment rate and low growth.