Thursday’s session saw the S&P 500 down 0.3% and Toronto down 0.6%.
AutoCanada was up 2.3%.
Toll Brothers was down 3.95%.
One of the larger investors int eh Melcor REIT (Firm Capital ) has written to the REIT Board asking tthat Melcor take the REIT private at a price close to its book value. Nothing may come of that. But It would be the fair thing to do in my view. The REIT and its strategic Review Committee have not commented on this or let investors know about the letter as far as I can see.