Desjardins REIT analyst changes his top picks as economic outlook deteriorates

News Snapshot:

A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web Desjardins analyst Kyle Stanley is changing his REIT recommendations as the outlook for domestic economic growth deteriorates, “The new U.S. administration’s approach to trade has dramatically increased geopolitical tensions and resulted in significant equity market and yield curve volatility in the year to date. The corresponding deterioration of the Canadian economic outlook since we published our 2025 outlook in December has prompted us to revisit historical REIT performance under various scenarios that most closely resemble today’s economic environment. Based on this analysis,...