Allied’s new project lands a big tenant

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $42 (Toronto symbol AP.UN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Units o/s: 103.8 million; Market cap: $4.4 billion; Dividend yield: 3.7%; Divd. Sustainability Rating: Above Average; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities.
With the January 2018 payment,… Read More

SHOP taps B.C. pot

SHOPIFY INC. $224.14 (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (613-241-2828; www.shopify.ca; Shares outstanding: 99.9 million; Market cap: $23.8 billion; No dividend) has now been selected by British Columbia to provide an e-commerce platform for the online sale of non-medical cannabis.
The B.C. Liquor Distribution Branch will be the… Read More