I’m pleased to see that – after a long, long time – the G-20 protesters have been vindicated:
Roughly 1,100 protesters caught up in the largest mass arrests in Canadian history a decade ago are eligible to receive between $5,000 and $24,700 each in the proposed settlement of a class-action lawsuit against the Toronto Police Service.
They’ve come a long way and suffered serious indignities, as I mentioned on August 23, 2010:
The (alleged) G-20 protesters had their day in court today:
Over 300 people facing G20-related charges appeared at a Toronto courthouse Monday, a legal tidal wave resulting from the largest mass arrests in Canadian history.
The court’s hallways are only designed to hold 176 people. Officers have been tasked with regulating the intake of defendants to ensure the building doesn’t break fire code. The court’s legal aid office brought in extra staff, including French-speakers.
I don’t know the name of the petty, vindictive ratshit who decided to make the scheduling an extra-judicial punishment … but I have a message for him: You have held the courts in contempt, and you have done more damage to the rule of law than any of those charged. Asshole.
And the protesters were also poorly served by the politicians, as mentioned on August 31, 2010:
I’m still upset about police actions during the G-20 meeting. So are some others, but there are few who really couldn’t care less, one way or another:
The largest mass arrest of Canadians in history and the Grits primary concern is that the cops were overwhelmed.
…
At a wintry moment in the history of Canadian civil rights, the Liberal Party is AWOL.We are poorly served by our politicians of all stripes. Still, with the pseudo-opposition being led by Torture Boy, I suppose we should be grateful nothing worse than vindictive time-wasting seems to have occurred. This time.
I still haven’t regained any of the respect for the police I lost during the G-20 police riot. There are too many clowns in the ranks, too hopped up on steroids to know or care what they’re doing. Management is extraordinarily weak … I’m sure everybody remembers that the police removed the identification from their uniforms prior to their G-20 frenzy and not a single sergeant and not a single higher-ranking officer either noticed or cared.
The first step is to set up a new organization to respond to mental health calls and welfare checks. Sure, have regular cops with their steroids and guns available to be called on short notice; but they don’t need to be there first, if at all.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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| 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 | 0.8509 % | 1,616.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8509 % | 2,965.2 |
| Floater | 5.17 % | 5.23 % | 63,601 | 15.05 | 3 | 0.8509 % | 1,708.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1632 % | 3,505.9 |
| SplitShare | 4.66 % | 4.49 % | 42,881 | 3.25 | 8 | 0.1632 % | 4,186.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1632 % | 3,266.7 |
| Perpetual-Premium | 5.56 % | 4.71 % | 84,004 | 4.02 | 4 | -0.1487 % | 3,093.9 |
| Perpetual-Discount | 5.43 % | 5.66 % | 78,372 | 14.37 | 31 | 0.2541 % | 3,359.9 |
| FixedReset Disc | 5.64 % | 4.44 % | 121,901 | 15.95 | 67 | 0.3096 % | 2,032.7 |
| Deemed-Retractible | 5.22 % | 5.32 % | 90,369 | 14.60 | 27 | 0.1817 % | 3,290.9 |
| FloatingReset | 2.92 % | 2.25 % | 41,491 | 1.43 | 3 | -0.7649 % | 1,762.2 |
| FixedReset Prem | 5.26 % | 4.20 % | 233,535 | 0.91 | 11 | 0.1655 % | 2,616.9 |
| FixedReset Bank Non | 1.95 % | 2.22 % | 105,753 | 1.43 | 2 | 0.2219 % | 2,845.7 |
| FixedReset Ins Non | 5.86 % | 4.65 % | 92,695 | 15.78 | 22 | -0.1859 % | 2,048.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.J | FixedReset Ins Non | -4.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 16.17 Evaluated at bid price : 16.17 Bid-YTW : 5.05 % |
| MFC.PR.L | FixedReset Ins Non | -2.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 14.50 Evaluated at bid price : 14.50 Bid-YTW : 4.88 % |
| SLF.PR.J | FloatingReset | -2.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 9.06 Evaluated at bid price : 9.06 Bid-YTW : 4.38 % |
| SLF.PR.G | FixedReset Ins Non | -1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 10.05 Evaluated at bid price : 10.05 Bid-YTW : 4.61 % |
| NA.PR.G | FixedReset Disc | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 4.50 % |
| SLF.PR.I | FixedReset Ins Non | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 4.65 % |
| BIP.PR.D | FixedReset Disc | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 21.44 Evaluated at bid price : 21.77 Bid-YTW : 5.82 % |
| GWO.PR.N | FixedReset Ins Non | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 10.00 Evaluated at bid price : 10.00 Bid-YTW : 4.39 % |
| CM.PR.P | FixedReset Disc | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 4.32 % |
| PWF.PR.P | FixedReset Disc | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 10.21 Evaluated at bid price : 10.21 Bid-YTW : 5.00 % |
| BAM.PR.B | Floater | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 8.33 Evaluated at bid price : 8.33 Bid-YTW : 5.22 % |
| PVS.PR.H | SplitShare | 1.22 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 24.80 Bid-YTW : 5.04 % |
| BAM.PR.X | FixedReset Disc | 1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 11.04 Evaluated at bid price : 11.04 Bid-YTW : 5.23 % |
| CU.PR.C | FixedReset Disc | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 15.75 Evaluated at bid price : 15.75 Bid-YTW : 4.58 % |
| BAM.PR.R | FixedReset Disc | 1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 12.70 Evaluated at bid price : 12.70 Bid-YTW : 5.47 % |
| BMO.PR.W | FixedReset Disc | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 4.19 % |
| MFC.PR.F | FixedReset Ins Non | 1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 10.03 Evaluated at bid price : 10.03 Bid-YTW : 4.59 % |
| CCS.PR.C | Deemed-Retractible | 1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 22.93 Evaluated at bid price : 23.20 Bid-YTW : 5.46 % |
| TRP.PR.A | FixedReset Disc | 1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 12.48 Evaluated at bid price : 12.48 Bid-YTW : 5.38 % |
| MFC.PR.G | FixedReset Ins Non | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 18.25 Evaluated at bid price : 18.25 Bid-YTW : 4.60 % |
| IFC.PR.C | FixedReset Ins Non | 3.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 16.10 Evaluated at bid price : 16.10 Bid-YTW : 4.88 % |
| TD.PF.E | FixedReset Disc | 5.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 19.79 Evaluated at bid price : 19.79 Bid-YTW : 4.19 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.R | FixedReset Ins Non | 111,255 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 23.23 Evaluated at bid price : 23.64 Bid-YTW : 4.52 % |
| SLF.PR.C | Deemed-Retractible | 79,285 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 21.26 Evaluated at bid price : 21.26 Bid-YTW : 5.31 % |
| TD.PF.H | FixedReset Prem | 52,690 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 23.88 Evaluated at bid price : 25.10 Bid-YTW : 4.50 % |
| TD.PF.K | FixedReset Disc | 50,170 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 19.65 Evaluated at bid price : 19.65 Bid-YTW : 4.23 % |
| CM.PR.P | FixedReset Disc | 41,460 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 4.32 % |
| TD.PF.D | FixedReset Disc | 41,375 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-17 Maturity Price : 18.71 Evaluated at bid price : 18.71 Bid-YTW : 4.32 % |
| There were 19 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| RY.PR.M | FixedReset Disc | Quote: 11.98 – 18.84 Spot Rate : 6.8600 Average : 5.3751 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 16.17 – 17.70 Spot Rate : 1.5300 Average : 1.1640 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 15.75 – 16.55 Spot Rate : 0.8000 Average : 0.5010 YTW SCENARIO |
| BAM.PR.X | FixedReset Disc | Quote: 11.04 – 11.69 Spot Rate : 0.6500 Average : 0.4417 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 14.50 – 15.20 Spot Rate : 0.7000 Average : 0.5127 YTW SCENARIO |
| TRP.PR.E | FixedReset Disc | Quote: 13.71 – 14.48 Spot Rate : 0.7700 Average : 0.6061 YTW SCENARIO |