RioCan Real Estate Investment Trust T.REI.UN

REI.UN Didn’t Cut When HR.UN Did

[newcoin]

Now, not sure which is smarter/better?
I feel a little deceived because I was lead to believe Rio wouldn't cut.
Everyone lies.
All CEOs lie. All.
Why do we even listen to them?
Complete waste of time.
I hope he has the decency to not appear on BNN for a while.

[EstevanOutsider]

it's not edward sonshine's fault, it is the slob premier of ontario's fault, fyi.

[CANCDN]

  its can't be Doug's fault, he just listens to the medical officer 

[EstevanOutsider]

if there is a hell, doug ford has a place reserved along with his crazy doctor who appears to be sinister.

[CANCDN]

you guys are MORONS. He cut to get financing for a transformational project financing. Thier is nothing financially that would make any sense to cut unless a lender required the cut for project financing. This likely required board approval to increase debt ratio.  this is a bold move right now and with "rocket fuel" interest rates, they are making a huge move!  

[ntcse123]

"As RioCan continues to navigate through the uncertain retail landscape created by the COVID-19 pandemic and faces an unknown length and breadth of closures, the board has taken the prudent action of reducing our distribution," said RioCan CEO Ed Sonshine in a release. So those that believe that they are doing it for project financing of an exciting development are going under the