January 22, 2024

On Monday, the S&P 500 was up 0.2% and Toronto was up 0.1%

The two speculative Brookfield Office Properties preferred shares on our list were up 3.7% and 6.9%.

After the close, West Fraser Timber announced it will permanently close a sawmill in Fraser Lake B.C. due to a lack of economically available “fibre” (trees). The stock has been holding up remarkably well in light of other recent closures.

 

 

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