October 12, 2021

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

West Fraser Timber was up 3.3%. This was prior to an announcement after the close that it will acquire a mill in the U.S. for $300 million.

The Boston Pizza Royalty units were up 9.9% due to its announcement of a distribution increase (see post below about that).

Penny stock RIWI bounced down 14%. This was on low volume and therefore seems fairly meaningless.

Oil is at about $80 U.S. and with the Canadian dollar at 80 cents U.S. that’s $100 Canadian which is lucrative. 


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