April 8, 2021

Thursday was yet another positive day for stocks. The S&P 500 was up 0.4% and Toronto was up 0.5%.

Shopify was up 5.1%.

The Melcor REIT was up 4.9%.

AutoCanada was up 3.3%.

Single family home building permits in Alberta were up 40% in February versus the prior year. At 348 it does not seem like a lot for the whole province but it does show that 2021 continues to be stronger than 2020 in regard to home building. That’s a positive for Melcor Developments.


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