The Globe and Mail reports in its Saturday, March 8, edition that Chartwell Retirement Residences REIT is largely insulated from the tariff chaos President Donald Trump is stirring up. The Globe's John Heinzl writes that Chartwell has scant exposure to the United States. Chartwell is one of Canada's largest operators of retirement, assisted-living and long-term care facilities. Even as the broader market has been whipsawed by every tariff headline, Chartwell's unit price has been climbing steadily. Thanks to improving occupancy levels and profit margins, Chartwell has generated a cumulative total return -- including distributions -- of about 105 per cent over the past two years. As well, there is likely more to come, analysts say. CIBC World Markets analyst Dean Wilkinson said in a note after the release of Chartwell's fourth quarter results in February, "We believe the share price has additional runway for growth as occupancy continues to recover to, and eventually exceed, prepandemic levels." In light of the results, he reiterated an "outperformer" rating. Chartwell chief executive officer Vlad Volodarski believes the supply and demand fundamentals point to continued growth in occupancy, rental rates and profitability.
© 2025 Canjex Publishing Ltd. All rights reserved.