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Bullboard - Stock Discussion Forum True North Commercial REIT T.TNT.UN

Alternate Symbol(s):  TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable... see more

TSX:TNT.UN - Post Discussion

True North Commercial REIT > Let the cuts begin
View:
Post by flamingogold on May 21, 2024 3:48pm

Let the cuts begin

Bake that rate cake and take a slice out at the same time. Latest Canadian CPI data now says a June cut is on.

https://www.bnnbloomberg.ca/latest-cpi-data-points-to-a-june-rate-cut-economists-say-1.2075597
Comment by nedstar71 on May 21, 2024 5:19pm
Cutting in June would be premature imo.  Not that a quarter percent cut will make much difference, but what exactly is the rush?
Comment by garyreins on May 21, 2024 9:18pm
The rush is the CAD economy doing bad already and the lag before the cuts will restimulate it.   you need to be ahead of the curve 
Comment by nedstar71 on May 21, 2024 9:27pm
The Canadian economy deteriorating has more to do with left wing policies detroying the country than it does interest rates being 5%, which historically isn't much higher than average.
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