{"id":51676,"date":"2026-03-16T19:31:52","date_gmt":"2026-03-16T23:31:52","guid":{"rendered":"https:\/\/prefblog.com\/?p=51676"},"modified":"2026-03-16T19:31:52","modified_gmt":"2026-03-16T23:31:52","slug":"march-16-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51676","title":{"rendered":"March 16, 2026"},"content":{"rendered":"

Canadian headline inflation fell<\/a>:<\/p>\n

Canada\u2019s annual inflation rate fell to 1.8 per cent in February, after prices in the same period a year ago had risen sharply when the government\u2019s sales-tax relief ended, Statistics Canada said on Monday. Excluding the effect of indirect taxes, the Consumer Price Index rose 1.9 per cent year-over-year in February, it said.<\/p>\n

The inflation data for March will be the final month affected by the base-year effect of the sales tax break. But rising crude oil prices as a result of the Iran war are likely to change inflation expectations.
…<\/b>
Grocery prices rose 4.1 per cent in February after a 4.8-per-cent rise observed in January, and the statistics agency said they have risen by 30 per cent in the last five years. Gasoline prices decelerated by 14.2 per cent in February due to the continued impact of the removal of a carbon tax on the fuel, which reduced the year-over-year price. This impact will stay until April, Statscan said.<\/p>\n

Shelter costs – the largest component of the CPI basket with a weight of roughly 29 per cent – rose at a slower pace of 1.5 per cent in February as mortgage costs continued to ease. Rent costs rose 3.9 per cent on an annual basis in February.
…<\/b>
The CPI-median, the centermost component of the CPI basket, was 2.3 per cent, while CPI-trim, which excludes the most extreme price changes, was also at 2.3 per cent.<\/p><\/blockquote>\n\n\n\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>\n0.0744 %<\/td>\n2,488.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0744 %<\/td>\n4,719.0<\/td>\n<\/tr>\n
Floater<\/td>\n5.79 %<\/td>\n5.95 %<\/td>\n53,521<\/td>\n14.04<\/td>\n3<\/td>\n0.0744 %<\/td>\n2,719.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0157 %<\/td>\n3,669.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.76 %<\/td>\n3.88 %<\/td>\n79,011<\/td>\n0.93<\/td>\n5<\/td>\n-0.0157 %<\/td>\n4,382.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0157 %<\/td>\n3,419.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.69 %<\/td>\n5.77 %<\/td>\n76,080<\/td>\n14.03<\/td>\n7<\/td>\n0.1816 %<\/td>\n3,078.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.65 %<\/td>\n5.72 %<\/td>\n43,582<\/td>\n14.24<\/td>\n28<\/td>\n-0.2222 %<\/td>\n3,347.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.88 %<\/td>\n6.05 %<\/td>\n121,637<\/td>\n13.72<\/td>\n27<\/td>\n0.2605 %<\/td>\n3,199.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.50 %<\/td>\n5.55 %<\/td>\n61,785<\/td>\n14.53<\/td>\n22<\/td>\n0.2430 %<\/td>\n3,308.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2605 %<\/td>\n3,806.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.98 %<\/td>\n4.46 %<\/td>\n84,341<\/td>\n2.42<\/td>\n21<\/td>\n-0.0238 %<\/td>\n2,652.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2605 %<\/td>\n3,270.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.28 %<\/td>\n5.51 %<\/td>\n87,941<\/td>\n14.32<\/td>\n14<\/td>\n0.1566 %<\/td>\n3,132.8<\/td>\n<\/tr>\n<\/table>\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
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-4.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.60
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
ENB.PF.C<\/td>\nFixedReset Disc<\/td>\n-3.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 23.65
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 21.47
\nEvaluated at bid price : 21.82
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 21.77
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 22.28
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 20.03
\nEvaluated at bid price : 20.03
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 23.59
\nEvaluated at bid price : 23.85
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 22.64
\nEvaluated at bid price : 23.33
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n2.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 23.27
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n3.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 23.14
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.35 %<\/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
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n46,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.29
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n40,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 22.13
\nEvaluated at bid price : 22.79
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n30,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 23.34
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Prem<\/td>\n25,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Prem<\/td>\n14,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.86
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
POW.PR.H<\/td>\nPerpetual-Premium<\/td>\n13,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 24.74
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
There were 4 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\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
See TMX DataLinx: ‘Last’ != ‘Close’<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.60 – 24.83
\nSpot Rate : 1.2300
\nAverage : 0.7480<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.60
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n

ENB.PF.C<\/td>\nFixedReset Disc<\/td>\nQuote: 22.20 – 23.00
\nSpot Rate : 0.8000
\nAverage : 0.4952<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n

BN.PF.A<\/td>\nFixedReset Prem<\/td>\nQuote: 25.05 – 26.30
\nSpot Rate : 1.2500
\nAverage : 0.9541<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 23.48
\nEvaluated at bid price : 25.05
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n

NA.PR.C<\/td>\nFixedReset Prem<\/td>\nQuote: 26.54 – 27.48
\nSpot Rate : 0.9400
\nAverage : 0.7103<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.54
\nBid-YTW : 3.58 %<\/td>\n<\/tr>\n

PWF.PR.O<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.07 – 25.52
\nSpot Rate : 0.4500
\nAverage : 0.2806<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 24.84
\nEvaluated at bid price : 25.07
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n

ENB.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 23.00 – 23.41
\nSpot Rate : 0.4100
\nAverage : 0.2628<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-03-16
\nMaturity Price : 22.31
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Canadian headline inflation fell: Canada\u2019s annual inflation rate fell to 1.8 per cent in February, after prices in the same period a year ago had risen sharply when the government\u2019s sales-tax relief ended, Statistics Canada …<\/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-51676","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51676","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=51676"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51676\/revisions"}],"predecessor-version":[{"id":51677,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51676\/revisions\/51677"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}