Inside the Market’s roundup of some of the Canadian small caps making news and on the move today. This post will be updated during the trading day.
Canadian Apartment Properties Real Estate Investment Trust reported second-quarter operating revenues of $125.4-million, up 6.6 per cent from $117.6-million last year. The REIT also beat expectations with an EPS of 43 cents compared to consensus estimates of 42 cents, owing the increase to acquisitions, higher average monthly rents and continuing strong occupancies. Shares are up almost 9 per cent so far this year.