The Bank of Canada is becoming more creative. This week it admitted that housing activity was stronger than expected. However, to quell any fears that it might intervene to dampen enthusiasm among potential home buyers, it suggested that housing strength was in part due to “a pulling forward of home purchases.” This laissez-faire approach is music to the ears of the real estate service industry. The highest ranked INK Edge stock in the industry is Altus Group Ltd., which saw an officer buy 10,000 shares on Tuesday.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.