{"id":43464,"date":"2022-05-27T20:05:28","date_gmt":"2022-05-28T01:05:28","guid":{"rendered":"https:\/\/prefblog.com\/?p=43464"},"modified":"2022-05-27T20:05:28","modified_gmt":"2022-05-28T01:05:28","slug":"may-27-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43464","title":{"rendered":"May 27, 2022"},"content":{"rendered":"

There is concern about real wages in Canada<\/a>:<\/p>\n

Yet while wages for Canadian workers appear to be rising \u2013 average hourly pay climbed 3.3 per cent in April from the year before \u2013 that\u2019s before soaring consumer prices take their bite. In real (inflation-adjusted) terms, wages in April were down more than 3 per cent from the same period a year ago.<\/p>\n

Explanations for the wage lag vary. Some argue real wage stagnation is because of a delay in employment contracts reflecting the rise in consumer prices. Businesses that rely on low-paid workers may also have been holding off raising wages in anticipation that Ottawa would ease access to temporary foreign workers, which it did last month in a move that critics warned could suppress wages.<\/p><\/blockquote>\n

This is well illustrated by a 2015 OECD publication<\/a>:<\/p>\n

Nevertheless, the picture that emerges from focusing on the private sector is rather similar to the results obtained for the whole economy (Figure 4). The cross-country average labour share in the private sector, excluding agriculture, mining, fuel and real estate, was 69.8 per cent in the G20 countries for which data are available in the early 1990s and 65.9 per cent in 2007. On average the contraction over the period was 0.24 percentage points per year. None of the countries for which data are available experienced a significant trend increase. By contrast, the labour share contracted significantly in more than three-quarters of the countries. Very large falls in the labour share were observed in Australia, Canada and Italy where the decline in the private sector labour share exceeded 5 percentage points. The implication is that, in these countries, labour is obtaining an increasingly smaller share of the priate-sector\u2019s pre-tax revenue.<\/p><\/blockquote>\n

<\/a><\/div>\n

I’ve mentioned in the past – but can’t find it – that the increase in capital’s share of GDP relative to labour is thought to have boosted stock market returns considerably since 1970. If this reverses, that will be a stiff headwind indeed for the next few decades of equity market returns.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref\u2122 Preferred Indices
\nThese values reflect the December 2008 revision of the HIMIPref\u2122 Indices<\/strong>
\nValues are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
\nCurrent
\nYield
\n(at bid)<\/td>\n		Median
\nYTW<\/td>\n		Median
\nAverage
\nTrading
\nValue<\/td>\n		Median
\nMod Dur
\n(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n3.95 %<\/td>\n4.61 %<\/td>\n16,683<\/td>\n18.10<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,564.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0984 %<\/td>\n4,988.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.14 %<\/td>\n4.16 %<\/td>\n41,397<\/td>\n17.03<\/td>\n3<\/td>\n-0.0984 %<\/td>\n2,874.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0153 %<\/td>\n3,510.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.85 %<\/td>\n5.16 %<\/td>\n38,370<\/td>\n3.24<\/td>\n8<\/td>\n0.0153 %<\/td>\n4,192.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0153 %<\/td>\n3,270.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.83 %<\/td>\n-3.34 %<\/td>\n64,970<\/td>\n0.08<\/td>\n1<\/td>\n1.2000 %<\/td>\n2,993.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.67 %<\/td>\n5.77 %<\/td>\n61,267<\/td>\n14.21<\/td>\n35<\/td>\n0.6416 %<\/td>\n3,275.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.50 %<\/td>\n5.67 %<\/td>\n116,975<\/td>\n14.46<\/td>\n58<\/td>\n0.7033 %<\/td>\n2,575.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.57 %<\/td>\n5.72 %<\/td>\n87,465<\/td>\n14.22<\/td>\n20<\/td>\n0.8290 %<\/td>\n3,221.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.65 %<\/td>\n4.98 %<\/td>\n54,466<\/td>\n15.47<\/td>\n2<\/td>\n0.0000 %<\/td>\n2,658.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.07 %<\/td>\n5.31 %<\/td>\n119,001<\/td>\n2.04<\/td>\n9<\/td>\n0.4672 %<\/td>\n2,603.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.7033 %<\/td>\n2,632.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.40 %<\/td>\n5.57 %<\/td>\n70,502<\/td>\n14.61<\/td>\n15<\/td>\n0.8106 %<\/td>\n2,724.8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-3.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.78
\nEvaluated at bid price : 20.78
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
IAF.PR.B<\/td>\nInsurance Straight<\/td>\n-2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.54
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.65
\nEvaluated at bid price : 21.90
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 19.06
\nEvaluated at bid price : 19.06
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 15.16
\nEvaluated at bid price : 15.16
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.10
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Premium<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-06-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : -3.34 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 24.64
\nEvaluated at bid price : 24.90
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.49
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.42
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.65
\nEvaluated at bid price : 20.65
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Discount<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 23.25
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 22.14
\nEvaluated at bid price : 22.53
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.74
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.45
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 22.58
\nEvaluated at bid price : 22.95
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 22.01
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.73
\nEvaluated at bid price : 22.20
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 17.20
\nEvaluated at bid price : 17.20
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 19.99
\nEvaluated at bid price : 19.99
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n2.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.33
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n2.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.32
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 15.10
\nEvaluated at bid price : 15.10
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n2.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 24.07
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 22.43
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n2.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.48
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n3.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.96
\nEvaluated at bid price : 22.30
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n3.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 23.15
\nEvaluated at bid price : 23.45
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n3.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 14.63
\nEvaluated at bid price : 14.63
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n3.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Prem<\/td>\n3.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 24.17
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n3.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 17.87
\nEvaluated at bid price : 17.87
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
\nTraded<\/td>\n		Notes<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n30,959<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nPerpetual-Discount<\/td>\n20,563<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 22.65
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n15,805<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n14,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 23.33
\nEvaluated at bid price : 23.77
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n13,010<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.19
\nEvaluated at bid price : 21.19
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n12,497<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 23.37
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
There were 1 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\nQuote: 21.40 – 24.50
\nSpot Rate : 3.1000
\nAverage : 1.7405<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n

BMO.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 20.05 – 24.20
\nSpot Rate : 4.1500
\nAverage : 2.9686<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.05
\nEvaluated at bid price : 20.05
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 21.32 – 23.69
\nSpot Rate : 2.3700
\nAverage : 1.5449<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.32
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.20 – 24.35
\nSpot Rate : 4.1500
\nAverage : 3.3529<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.00 – 22.75
\nSpot Rate : 2.7500
\nAverage : 2.0541<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.50 – 25.12
\nSpot Rate : 3.6200
\nAverage : 2.9836<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-05-27
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

There is concern about real wages in Canada: Yet while wages for Canadian workers appear to be rising \u2013 average hourly pay climbed 3.3 per cent in April from the year before \u2013 that\u2019s before …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-43464","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43464"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43464\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}