On Monday the S&P 500 was unchanged and Toronto was down 0.4%.
Restaurant Brands was up 1.9% after announcing a planned acquisition.
The Boston Pizza Royalty units were up 3.3%.
Melcor Developments bounced up 4.4%. Given the low volume of this stock, I would not read anything into this. The company is under-valued but there is probably no catalyst to hope for a meaningful increase until Q4 results come out in March. I believe they are on track for a very strong Q4 but that won’t be known until March. Possibly they could announce a dividend increase in December.
I added to my Enbridge position today. This was in a corporate account where having eligible dividend income can be advantageous as they can be passed through to me as owner as eligible dividends. Basically, like any other taxable account dividends are taxed more favorable than interest income.