Issue 22 – Canadian Tire – E-Commerce Growth on Wheels!

Industries related to entertainment, leisure and airline travel are seeing a massive decline in business activity and we do not envision a return to normalcy anytime soon. Consumers that had planned to vacation in Europe or other distant locales have either postponed their plans or cancelled them altogether. Uncertainty and fear are widespread and any prediction as to when the travel industry will see a recovery is quite simply, a guessing game.

 

Disclaimer: Palos Funds are shareholders of CTC.A.

 

By Charles Marleau, CIM

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By Charles Marleau, CIM

 

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By Hubert Marleau

 

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By Robert Mendel

 

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By William Mitchell

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