It's poised to be another challenging year for office REITs, but some money managers say there could be decent entry points in the sector for long-term investors.
The odds of another rate hike have decreased, the Bank of Canada's governing council agreed during discussions ahead of its most recent interest rate decision.
Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.
"Retailers are doing their best not to push those costs on to the consumers, but retailers can only absorb so much," said Dollarama Inc.'s chief executive.