Canada's equivalent of TRS, page-3

To be fair, TRS was priced for failure at $3.50. Even at today's price, meeting guidance will attract a lot more value buyers.

I don't doubt that management have buggered up, I would imagine that the board will give him the bullet if he doesn't perform a turnaround in the short-term.

It would make sense for Dollarama to takeover TRS, as a buildout of stores would not be ideal in this environment.