Q: Hi Peter & Team,
Our new PM frequently mentions modular housing as a way to rapidly build up Canada's housing supply. Since ATCO is apparently a large player in modular housing, do you believe that this could provide some tailwinds to ATCO stock? Your insight is highly valued.
Our new PM frequently mentions modular housing as a way to rapidly build up Canada's housing supply. Since ATCO is apparently a large player in modular housing, do you believe that this could provide some tailwinds to ATCO stock? Your insight is highly valued.
5i Research Answer:
ATCO has historically mostly provided 'worker' housing on projects, but certainly could make a shift, and if trends towards modular increase, then it could see some benefit. Regardless, it could see a positive investor sentiment shift just by being one of the largest modular players.