Post by
snootchybootchy on May 10, 2023 4:30pm
Back to pre-Budget levels
Looks like the share price has come back to the same level before the Federal Budget annoucement of the government's intent to reduce the maximum allowable rate of interest. Congrats to those who bought at $90! It's not often over the past year that a stock I purchased has gone up after I purchased shares.
Comment by
Torontojay on May 11, 2023 7:10pm
I remember way back when the oil crash happened and I was worried about credit losses coming out of Alberta. Surprisingly, the business was resilient and the profits kept going higher. These guys seem to be great at dodging bullets. First it was the oil crash. Then it was covid. Now it's the cap on interest rates. I'm sure they will circumvent this issue with ease.