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

BANK OF CANADA

[garyreins]

Will cut 50bp in both DEC and JAN according to a citi economist.

Thats 2.75bp overnight rate and a ~3.75% Interactive Brokerage margin rate (prime + ~1% blended)

Gosh if I gobble up REITS now with a 6% dividend like Riocan up to a 7.5%-8.5% dividends (many names) thats an INSANE income spread.  

I wonder when the canadian PENSION funds are going to catch on here

[garyreins]

"GDP by industry was flat on the month in August, in line with expectations and Statistics Canada’s preliminary estimate. While activity is expected to rise 0.3%MoM in September, with revisions lower to start the quarter in July, Q3 GDP by industry is estimated to rise by around 1% annualized. We expect a softer 0.5% increase in GDP by expenditure, but the BoC’s latest forecast for 1.5