Review of Tricon Residential

Q: I find it odd that bought deal was just done at $13 and today the shares are trading lower. Is this "normal" . Thanks John

Q: I have held IIP.un for about 9 month. Following some declines (story of my life) and then periods of stable value, the stock has been increasing nicely in the last couple of months and I am now up about 15%. Do you see continuing increases for IIP.un or will it flat line after this recent run? The other day a BNN guest suggested that TCN would be better than IIP.un, going forward. What do you think about a switch? Of the 2, which would be a stronger, more secure holding. Thank you for your excellent service.

Q: Does TCN use current market value or cost base valuation for properties on their balance sheet?
Thank you