It has long been observed that in Canada you can’t rub two nickels together without somebody wanting one to tell you what to do with the other – now we know why:
A new report from LinkedIn Corp. says that Toronto has a surplus of workers with banking, legal and other financial-services-related skills.
The social-networking website is seeking to identify gaps in Toronto’s labour market, and said the “most abundant skills” in the city are banking, legal advice, risk management, mortgage financing, trading, investing and accounting.
Meanwhile, skills that are scarce include health-care management, education, non-profit fundraising, nursing, construction, marketing-event management, green-building construction, criminal law and “Microsoft Windows Systems”, or capabilities it said are associated with entry-level professionals.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4111 % | 2,457.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4111 % | 4,508.6 |
| Floater | 3.52 % | 3.55 % | 120,016 | 18.37 | 3 | 0.4111 % | 2,598.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0549 % | 3,055.3 |
| SplitShare | 4.71 % | 4.51 % | 55,306 | 1.36 | 5 | -0.0549 % | 3,648.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0549 % | 2,846.9 |
| Perpetual-Premium | 5.39 % | 4.59 % | 65,690 | 6.06 | 17 | 0.0343 % | 2,787.1 |
| Perpetual-Discount | 5.31 % | 5.34 % | 69,288 | 14.89 | 20 | 0.0542 % | 2,927.7 |
| FixedReset | 4.33 % | 4.36 % | 160,975 | 6.33 | 98 | -0.0039 % | 2,407.7 |
| Deemed-Retractible | 5.06 % | 5.41 % | 111,086 | 6.09 | 30 | 0.0553 % | 2,868.7 |
| FloatingReset | 2.61 % | 2.97 % | 40,895 | 4.24 | 9 | 0.0811 % | 2,635.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| SLF.PR.J | FloatingReset | -1.41 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 16.76 Bid-YTW : 8.12 % |
| BMO.PR.R | FloatingReset | 1.16 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 24.48 Bid-YTW : 2.74 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.R | FixedReset | 154,526 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-03-19 Maturity Price : 25.00 Evaluated at bid price : 25.85 Bid-YTW : 4.21 % |
| SLF.PR.B | Deemed-Retractible | 125,140 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.11 Bid-YTW : 6.20 % |
| RY.PR.Q | FixedReset | 124,458 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-24 Maturity Price : 25.00 Evaluated at bid price : 26.61 Bid-YTW : 3.62 % |
| TRP.PR.J | FixedReset | 122,433 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-31 Maturity Price : 25.00 Evaluated at bid price : 27.01 Bid-YTW : 3.54 % |
| CM.PR.R | FixedReset | 105,362 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.08 Bid-YTW : 4.54 % |
| RY.PR.L | FixedReset | 101,745 | YTW SCENARIO Maturity Type : Call Maturity Date : 2019-02-24 Maturity Price : 25.00 Evaluated at bid price : 25.19 Bid-YTW : 3.64 % |
| There were 19 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| SLF.PR.J | FloatingReset | Quote: 16.76 – 17.13 Spot Rate : 0.3700 Average : 0.3031 YTW SCENARIO |
| PVS.PR.E | SplitShare | Quote: 26.25 – 26.59 Spot Rate : 0.3400 Average : 0.2759 YTW SCENARIO |
| MFC.PR.I | FixedReset | Quote: 24.36 – 24.51 Spot Rate : 0.1500 Average : 0.0975 YTW SCENARIO |
| TRP.PR.C | FixedReset | Quote: 16.88 – 17.05 Spot Rate : 0.1700 Average : 0.1195 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 23.00 – 23.23 Spot Rate : 0.2300 Average : 0.1805 YTW SCENARIO |
| IAG.PR.A | Deemed-Retractible | Quote: 22.75 – 22.95 Spot Rate : 0.2000 Average : 0.1574 YTW SCENARIO |