- Business
- The Becker Milk Company Limited owns and manages retail commercial properties in Ontario, Canada; it primarily leases retail stores, including single-store sites and multi-store plazas with convenience store and gas bar facilities, alongside a limited number of residential units and sites. Founded in 1957 and headquartered at 305 Milner Avenue, Suite 400, Scarborough, Ontario, the company operates approximately 38 commercial properties across various southern Ontario communities, targeting tenants in the retail and residential sectors with a focus on stable rental income from its real estate portfolio. In fiscal 2026, it reports proceeds from an expropriation settlement contributing to net income of $0.25 per share for the three months ended July 31, 2025, up from $0.14 per share in the prior year period amid stable net operating income near $606,000 and ongoing regular dividends; the board continues to evaluate strategic alternatives, including past discussions with potential acquirers though none are active, while investment property fair value adjustments and administrative efficiencies support adjusted funds from operations of $0.10 per share.