{"id":51777,"date":"2026-04-10T20:17:38","date_gmt":"2026-04-11T00:17:38","guid":{"rendered":"https:\/\/prefblog.com\/?p=51777"},"modified":"2026-04-10T20:17:38","modified_gmt":"2026-04-11T00:17:38","slug":"april-10-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51777","title":{"rendered":"April 10, 2026"},"content":{"rendered":"

Canada’s jobs report<\/a> was a bit of fizzle today, but that’s actually an improvement over recent releases:<\/p>\n

Statistics Canada\u2019s labour force survey on Friday showed little improvement in March after a volatile few months that saw employment levels surge and then drop.<\/p>\n

The agency said employers collectively added 14,000 jobs in March, roughly in line with economists\u2019 expectations.<\/p>\n

The unemployment rate remained unchanged at 6.7 per cent.<\/p>\n

CIBC senior economist Andrew Grantham said he was expecting a larger rebound in the March jobs data after January and February cumulatively shed more than 100,000 positions. That has partially offset a rapid run-up in hiring to close out 2025.
…<\/b>
Average hourly wages across the country, meanwhile, rose 4.7 per cent year-over-year \u2013 a jump from 3.9 per cent in February and the fastest pace since October, 2024.<\/p>\n

StatCan said some of the recent increase in wages is due to the \u201ccomposition of employment,\u201d meaning the economy isn\u2019t adding or maintaining as many lower-paying jobs that typically pull down the wage growth average.<\/p>\n

Controlling for compositional factors leaves average annual wage growth at 3.6 per cent in March, StatCan said, roughly in line with January and February\u2019s figures.<\/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>\n0.1120 %<\/td>\n2,494.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1120 %<\/td>\n4,729.1<\/td>\n<\/tr>\n
Floater<\/td>\n5.81 %<\/td>\n5.97 %<\/td>\n24,428<\/td>\n13.97<\/td>\n4<\/td>\n0.1120 %<\/td>\n2,725.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0158 %<\/td>\n3,658.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.77 %<\/td>\n69,062<\/td>\n2.90<\/td>\n5<\/td>\n0.0158 %<\/td>\n4,368.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0158 %<\/td>\n3,408.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.91 %<\/td>\n4.45 %<\/td>\n58,361<\/td>\n0.08<\/td>\n1<\/td>\n-0.2000 %<\/td>\n2,995.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.77 %<\/td>\n5.80 %<\/td>\n49,885<\/td>\n14.23<\/td>\n34<\/td>\n-0.3448 %<\/td>\n3,288.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.84 %<\/td>\n5.96 %<\/td>\n107,663<\/td>\n13.73<\/td>\n27<\/td>\n0.4683 %<\/td>\n3,223.5<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.64 %<\/td>\n5.70 %<\/td>\n62,093<\/td>\n14.34<\/td>\n22<\/td>\n0.0612 %<\/td>\n3,227.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4683 %<\/td>\n3,834.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.01 %<\/td>\n4.51 %<\/td>\n83,401<\/td>\n2.27<\/td>\n21<\/td>\n0.0258 %<\/td>\n2,638.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4683 %<\/td>\n3,295.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.20 %<\/td>\n5.41 %<\/td>\n77,582<\/td>\n14.45<\/td>\n14<\/td>\n0.2666 %<\/td>\n3,178.7<\/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
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n-4.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-3.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 19.22
\nEvaluated at bid price : 19.22
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-3.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 20.38
\nEvaluated at bid price : 20.38
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 13.05
\nEvaluated at bid price : 13.05
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.53
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 18.54
\nEvaluated at bid price : 18.54
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 20.29
\nEvaluated at bid price : 20.29
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n3.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 23.33
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n5.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 20.05
\nEvaluated at bid price : 20.05
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n12.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.67
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.85 %<\/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
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n55,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.60
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n37,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.70
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n23,048<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 24.26
\nEvaluated at bid price : 24.56
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
BN.PF.M<\/td>\nFixedReset Prem<\/td>\n20,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-01-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.95
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n17,745<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n15,608<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.45
\nEvaluated at bid price : 22.71
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
There were 2 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
GWO.PR.G<\/td>\nInsurance Straight<\/td>\nQuote: 22.71 – 24.87
\nSpot Rate : 2.1600
\nAverage : 1.5305<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.45
\nEvaluated at bid price : 22.71
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n

PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.98 – 23.40
\nSpot Rate : 1.4200
\nAverage : 0.8926<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 21.73
\nEvaluated at bid price : 21.98
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n

GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 22.50 – 25.00
\nSpot Rate : 2.5000
\nAverage : 2.0499<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.23
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.40 – 24.06
\nSpot Rate : 1.6600
\nAverage : 1.2744<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 22.52 – 23.50
\nSpot Rate : 0.9800
\nAverage : 0.6394<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 22.25
\nEvaluated at bid price : 22.52
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n

CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.12 – 21.50
\nSpot Rate : 1.3800
\nAverage : 1.0433<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-10
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Canada’s jobs report was a bit of fizzle today, but that’s actually an improvement over recent releases: Statistics Canada\u2019s labour force survey on Friday showed little improvement in March after a volatile few months that …<\/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-51777","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51777","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=51777"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51777\/revisions"}],"predecessor-version":[{"id":51778,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51777\/revisions\/51778"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}