{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/TNT.UN",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# True North Commercial Real Estate Investment Trust (TSX: TNT.UN) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nTrue North Commercial Real Estate Investment Trust is listed on the TSX under the ticker TNT.UN. Its LEI is 549300YNVXL47MQ1QU61 and its ISIN is not on the record. Its security type is Income Trust, its sector is Real Estate, and its jurisdiction is Ontario (CA-ON). Its segment is not on the record. Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 23 filings in the twelve months to 2026-11-06, filed on 23 filing days. The median gap between filing days is 19.5 days, and the latest filing is dated 2026-11-02, 4 days before the record date. The latest filing is a newswire release. The exchange median gap is 16 days with a median latency of 3.0 days, and the sector median gap is 21.5 days with a median latency of 16 days. The issuer's filing count of 23 is above the sector median of 8 and above the exchange median of 0.0.\n\n## Auditor\n\nThe auditor of record is BDO Canada LLP. The auditor's location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, name change, domicile change or segment move events. The issuer is listed and not halted.\n\n## Orderability\n\nUnder paragraph (o) of the definition, the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 2 research houses: CIBC Capital Markets and Canaccord Genuity.\n\n## Open research\n\nNo openly published research notes are on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsx/^* (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/549300YNVXL47MQ1QU61 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/TNT.UN (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://truenorthreit.com/files/46/download/331/True-North-Commercial-Real-Estate-Investment-Trust-Announces-Results-of-2025-Annual-and-Special-Meeting-of-Unitholders--June-18,-2025?preview=1 (the auditor)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://truenorthreit.com/investor-relations/analysts (coverage)\n- https://mcp.ca-cm-kg.ai/record/TSX/TNT.UN (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://truenorthreit.com/files/46/download/331/True-North-Commercial-Real-Estate-Investment-Trust-Announces-Results-of-2025-Annual-and-Special-Meeting-of-Unitholders--June-18,-2025?preview=1",
    "state": "sourced",
    "value": "BDO Canada LLP"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSX/TNT.UN",
  "coverage": {
   "count": 2,
   "houses": [
    {
     "analyst": "Tal Woolley, CFA",
     "house": "CIBC Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://truenorthreit.com/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Mark Rothschild",
     "house": "Canaccord Genuity",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://truenorthreit.com/investor-relations/analysts",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://truenorthreit.com/investor-relations/analysts",
     "result": "read: 2 of 2 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 73,
     "median_cadence_gap_days": 21.5,
     "median_filings": 8,
     "median_latency_days": 16,
     "name": "Real Estate"
    }
   },
   "by_type": {
    "agm_record_date": 1,
    "corporate_action": 13,
    "financial_statement": 8,
    "newswire_release": 1
   },
   "cadence_median_gap_days": 19.5,
   "filing_days": 23,
   "filings": 23,
   "latency_days": 4,
   "latest": [
    {
     "category": null,
     "date": "2026-11-02",
     "source": "https://www.newswire.ca/news-releases/true-north-commercial-real-estate-investment-trust-announces-binding-agreement-for-disposition-of-3699-63rd-avenue-ne-calgary-alberta-for-sale-price-of-57-million-822243565.html",
     "title": "True North Commercial Real Estate Investment Trust Announces Binding Agreement for Disposition of 3699 63rd Avenue NE, Calgary Alberta for Sale Price of $57 Million",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-15",
     "source": "https://www.newswire.ca/news-releases/true-north-commercial-reit-announces-october-2026-distribution-853372499.html",
     "title": "True North Commercial REIT Announces October 2026 Distribution",
     "type": "corporate_action"
    },
    {
     "category": null,
     "date": "2026-10-13",
     "source": "https://www.newswire.ca/news-releases/true-north-commercial-reit-announces-timing-of-release-of-q3-2026-results-891549637.html",
     "title": "True North Commercial REIT Announces Timing of Release of Q3-2026 Results",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-09-15",
     "source": "https://www.newswire.ca/news-releases/true-north-commercial-reit-announces-september-2026-distribution-805954127.html",
     "title": "True North Commercial REIT Announces September 2026 Distribution",
     "type": "corporate_action"
    },
    {
     "category": null,
     "date": "2026-08-17",
     "source": "https://www.newswire.ca/news-releases/true-north-commercial-reit-announces-august-2026-distribution-835206377.html",
     "title": "True North Commercial REIT Announces August 2026 Distribution",
     "type": "corporate_action"
    }
   ],
   "latest_filing_date": "2026-11-02",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/TNT.UN",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "TSX"
   },
   "isin": {
    "market": "CA",
    "reason": "no ISIN found on issuer pages",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300YNVXL47MQ1QU61",
    "state": "sourced",
    "value": "Ontario (CA-ON)"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300YNVXL47MQ1QU61",
    "state": "sourced",
    "value": "549300YNVXL47MQ1QU61"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "True North Commercial Real Estate Investment Trust"
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Real Estate"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Income Trust"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "TNT.UN"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:954c89acf96ed2de2760a0277e56141ba5c0968979376350fa42b3cccf81fa5c",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSX/TNT.UN",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:954c89acf96ed2de2760a0277e56141ba5c0968979376350fa42b3cccf81fa5c",
 "path": "/ca/TSX/TNT.UN",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "True North Commercial Real Estate Investment Trust is listed on the TSX under the ticker TNT.UN. Its LEI is 549300YNVXL47MQ1QU61 and its ISIN is not on the record. Its security type is Income Trust, its sector is Real Estate, and its jurisdiction is Ontario (CA-ON). Its segment is not on the record. Its status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 23 filings in the twelve months to 2026-11-06, filed on 23 filing days. The median gap between filing days is 19.5 days, and the latest filing is dated 2026-11-02, 4 days before the record date. The latest filing is a newswire release. The exchange median gap is 16 days with a median latency of 3.0 days, and the sector median gap is 21.5 days with a median latency of 16 days. The issuer's filing count of 23 is above the sector median of 8 and above the exchange median of 0.0.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is BDO Canada LLP. The auditor's location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting, name change, domicile change or segment move events. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under paragraph (o) of the definition, the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 2 research houses: CIBC Capital Markets and Canaccord Genuity.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes are on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsx/^*"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/549300YNVXL47MQ1QU61"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/TNT.UN"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the auditor",
   "source": "https://truenorthreit.com/files/46/download/331/True-North-Commercial-Real-Estate-Investment-Trust-Announces-Results-of-2025-Annual-and-Special-Meeting-of-Unitholders--June-18,-2025?preview=1"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://truenorthreit.com/investor-relations/analysts"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSX/TNT.UN"
  }
 ],
 "title": "True North Commercial Real Estate Investment Trust (TNT.UN) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}