Top 5 Most Popular Canadian REITs
- Dream Industrial Real Estate Investment Trust (TSX:DIR.UN) – $14.07.
- Canadian Apartment Properties Real Estate Investment Trust.
- Minto Apartment Real Estate Investment Trust (TSX:MI.UN) – $24.85.
- Slate Retail REIT (TSX:SRT.UN) – $13.55.
- Granite Real Estate Investment Trust (TSX:GRT.UN) – $71.87.
Also question is, are Canadian REITs a good investment?
For the longest time, Canadian real estate investment trusts were a stalwart for income investors. And in some cases when you have REITs trading at yields in excess of 10%, and in some cases well in excess of 10%, then clearly the market is suggesting that the expectation is for a distribution cut.”
Beside above, how are Canadian REITs taxed?
Canada offers special tax treatment for Canadian income trusts. When they flow their income through to their unitholders, they don't pay much if any corporate tax. Investors pay tax on most of the distributions as ordinary income (although part of some distributions qualify as a tax-free return of capital).
What is a REIT in Canada?
Real Estate Investment Trusts (REITs) REITs are trusts that passively hold interests in real property. REIT is governed by and established pursuant to a declaration of trust. Trustees of the REIT hold legal title to and manage the trust property on behalf of the unitholders of the REIT.
Can you lose money in a REIT?
REITs have certain tax advantages and rules to follow. In the event your REIT investment loses money, you can deduct up to $3,000 of your losses from your taxable income, which can offset other income and gains in other investments.