Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.UN

Interesting

[Gord_Alberta]

Last financial statement shows EIT owns more than a million shares of Restaurant Brands International...

https://www.bnnbloomberg.ca/restaurant-brands-buying-burger-king-franchisee-carrols-restaurant-group-for-us-1b-1.2022466

[itsthehitman]

So Gordon....is this a big plus for canoe? Interested on your take on this.

[Gord_Alberta]

My wife & I own more than 30,000 shares of eit.un; we are completely fine with this aquisition. EIT bought into oil & gas a year before that major increase. Now they are increasing ownership into fast food; after the pandemic restrictions hurt this sector. We like how they think...

[itsthehitman]

Gord...do you only own the preferre shares..?? I feel safe holding their common....eit.un......pretty solid 10 years and even better if you buy on the dips Just wondering if you have both.

[Gord_Alberta]

My wife & I only own common shares...

[bubba9]

I too own the same amount and have even talked my wife...who only invests in GICs ..... into this fund. When BOC lowers rates, hopefully April, and we get closer to summer, it will run. I have owned it for years . Still couldn't talk her intp peppering in a few LBS and FTN. Baby steps