George Weston Ltd. has kicked off 2026 with strong financial momentum, reporting a first-quarter profit of $106 million—a significant jump from the $83 million recorded during the same period last year. For investors following the GTA real estate landscape, these results offer a valuable pulse check on the broader economy, particularly given the company’s heavy influence through its stakes in Loblaw Companies Ltd. and Choice Properties Real Estate Investment Trust (REIT).
Revenue for the quarter climbed to $14.64 billion, up from $14.05 billion in Q1 2025, with adjusted earnings per share rising to 91 cents. As Choice Properties remains a cornerstone of the commercial real estate sector in Canada, its consistent performance is a positive indicator for the institutional side of the market. For a deeper look at the company’s financial breakdown and operational insights, we encourage readers to visit the original report at BNN Bloomberg.
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