February 21, 2024

On Wednesday, the S&P 500 was up 0.1% while Toronto was down 0.2%.

Shopify bounced down 4.0%.

Toll Brothers was up 4.0% after posting another great quarter of earnings growth.

Trudeau was in Edmonton handing out $175 million to spur home building. Surely Melcor Developments will see some benefit from this.

Meanwhile the Melcor REIT seems to be over-due with its distribution announcement for this month. They may also need to announce replacements for two Trustees that left rather suddenly.

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