Markets were highere once again on Monday with the S&P 500 up 1.2% and Toronto up 0.8%.
CRH Medical was up 22%.
Canadian Western Bank was up 6.1%.
RioCan was up 5.2% to $18.14. A week ago it was under $15.
Boston Pizza was up 17% to $9.94. That’s a strong recovery considering so many of the restaurants remain closed (providing take-out only), that they will go forward at 50% capacity for a while and we don’t know how many locations might permanently close.
CMHC released housing start data for May.
Single family home starts were down 17% in Alberta. They were up 3% in Ontario. And they surged 43% in Quebec. These home starts were likley committed to before COVID-19 took hold and so we probably can’t read too much into these figures.