{"id":49526,"date":"2018-07-25T11:52:00","date_gmt":"2018-07-25T15:52:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49526"},"modified":"2025-08-20T11:53:05","modified_gmt":"2025-08-20T15:53:05","slug":"july-25-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49526","title":{"rendered":"July 25, 2018"},"content":{"rendered":"

A nice win for Toronto in the tech job sweepstakes<\/a>:<\/p>\n

\n

Toronto has added the most technology jobs in the past five years and has the fourth-best tech talent market in Canada and the U.S., according to a new report released Tuesday.<\/p>\n

The report by CBRE Group said Toronto added 82,100 technology-related jobs between 2012 and 2017 to beat out the San Francisco Bay Area for the spot by about 4,270 jobs.
…<\/b>
In terms of tech jobs added over the five year period to 2017, Montreal added 22,300, while Vancouver added 16,100 and Ottawa added 9,700.
…<\/b>
Ottawa had the highest concentration of tech talent of any of the 50 markets at 11.2% of all jobs, compared to 9.8% for San Francisco and 8.9% for Toronto.
…<\/b>
Ottawa also ranked highest in momentum of talent pools because of a 15.2% tech employment growth for a two-year stretch to the end of 2017, compared with a 10% drop for the two prior years.
…<\/b>
San Francisco ranked highest on average wages at more than US$125,000 a year, while Ottawa ranked as the highest Canadian city for wages at US$67,871.<\/p>\n<\/blockquote>\n

PerpetualDiscounts now yield 5.50%, equivalent to 7.15% interest at the standard equivalency factor of 1.3x. Long corporates<\/a> now yield about 3.95%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is now about 320bp, a sharp narrowing from the 335bp reported July 18<\/a>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5253 %<\/td>\n3,114.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5253 %<\/td>\n5,714.6<\/td>\n<\/tr>\n
Floater<\/td>\n3.47 %<\/td>\n3.69 %<\/td>\n61,537<\/td>\n18.08<\/td>\n4<\/td>\n0.5253 %<\/td>\n3,293.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0158 %<\/td>\n3,200.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.59 %<\/td>\n4.66 %<\/td>\n55,863<\/td>\n4.89<\/td>\n5<\/td>\n-0.0158 %<\/td>\n3,822.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0158 %<\/td>\n2,982.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.64 %<\/td>\n-12.26 %<\/td>\n61,803<\/td>\n0.09<\/td>\n9<\/td>\n-0.0183 %<\/td>\n2,911.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.40 %<\/td>\n5.50 %<\/td>\n56,633<\/td>\n14.64<\/td>\n26<\/td>\n-0.1676 %<\/td>\n2,979.8<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.30 %<\/td>\n4.62 %<\/td>\n131,041<\/td>\n4.13<\/td>\n106<\/td>\n-0.0494 %<\/td>\n2,563.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.16 %<\/td>\n6.06 %<\/td>\n61,127<\/td>\n5.44<\/td>\n27<\/td>\n-0.1220 %<\/td>\n2,967.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.27 %<\/td>\n3.65 %<\/td>\n32,693<\/td>\n3.35<\/td>\n9<\/td>\n-0.0049 %<\/td>\n2,831.9<\/td>\n<\/tr>\n<\/table>\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
CU.PR.C<\/td>\nFixedReset<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 22.14
\nEvaluated at bid price : 22.65
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 23.87
\nEvaluated at bid price : 24.28
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 17.52
\nEvaluated at bid price : 17.52
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 21.84
\nEvaluated at bid price : 22.35
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset<\/td>\n158,269<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n76,743<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 17.52
\nEvaluated at bid price : 17.52
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset<\/td>\n55,743<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 22.90
\nEvaluated at bid price : 23.32
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n50,932<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 21.02
\nEvaluated at bid price : 21.02
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n40,853<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.80
\nBid-YTW : 7.70 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset<\/td>\n35,701<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 22.90
\nEvaluated at bid price : 23.45
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
There were 17 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\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
MFC.PR.G<\/td>\nFixedReset<\/td>\nQuote: 24.28 – 24.92
\nSpot Rate : 0.6400
\nAverage : 0.3884<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.28
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n

MFC.PR.H<\/td>\nFixedReset<\/td>\nQuote: 25.33 – 25.86
\nSpot Rate : 0.5300
\nAverage : 0.3221<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.33
\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n

RY.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.28 – 24.80
\nSpot Rate : 0.5200
\nAverage : 0.3572<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 23.87
\nEvaluated at bid price : 24.28
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n

TRP.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 17.00 – 17.50
\nSpot Rate : 0.5000
\nAverage : 0.3488<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset<\/td>\nQuote: 22.00 – 22.40
\nSpot Rate : 0.4000
\nAverage : 0.2705<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n

RY.PR.O<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.68 – 25.00
\nSpot Rate : 0.3200
\nAverage : 0.1940<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-25
\nMaturity Price : 24.22
\nEvaluated at bid price : 24.68
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

A nice win for Toronto in the tech job sweepstakes: Toronto has added the most technology jobs in the past five years and has the fourth-best tech talent market in Canada and the U.S., according …<\/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-49526","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49526","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=49526"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49526\/revisions"}],"predecessor-version":[{"id":49527,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49526\/revisions\/49527"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}